The Association of Investment Companies (AIC) is the
United Kingdom trade association for the
closed-ended investment company industry.
Function
The association represents a broad range of closed-ended investment companies, incorporating
investment trust
An investment trust is a form of investment fund found mostly in the United Kingdom and Japan. Investment trusts are constituted as public limited companies and are therefore closed ended since the fund managers cannot redeem or create shares.
...
s,
offshore
Offshore may refer to:
Science and technology
* Offshore (hydrocarbons)
* Offshore construction, construction out at sea
* Offshore drilling, discovery and development of oil and gas resources which lie underwater through drilling a well
* Off ...
investment companies
An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under the ...
,
REITs
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping cente ...
and
Venture Capital Trusts (VCTs) that are traded on the
London Stock Exchange,
AIM, Specialist Fund Segment and
Euronext.
History
It was founded in 1932, and was owned by James Henry. It was previously called the Association of Investment Trust Companies.
Location
AIC is situated in the City of London near to Moorgate tube station.
References
{{Reflist
External links
Official website
Investment trusts of the United Kingdom
Trade associations based in the United Kingdom
Organisations based in the London Borough of Islington
Organizations established in 1932