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Association of Investment Companies

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Association of Investment Companies
AbbreviationAIC
Formation1932
Legal statusTrade body for closed-ended investment companies
Headquarters24 Chiswell Street, City of London, EC1Y 4YY
Membership
356 members
Chief Executive
Ian Sayers
WebsiteAIC website

The Association of Investment Companies (AIC) is the United Kingdom trade association for the closed-ended investment company industry.[1]

Function

The association represents a broad range of closed-ended investment companies, incorporating investment trusts, offshore investment companies, REITs 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

  1. ^ Lowe, Jenny (20 September 2010). "In the spotlight: Association of Investment Companies". FT Adviser.
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