Association of Investment Companies
| Abbreviation | AIC |
|---|---|
| Formation | 1932 |
| Type | Trade association |
| Legal status | Trade body for closed-ended investment companies |
| Location | |
Region served | United Kingdom and Europe |
Membership | 350 members |
Chief Executive | Richard Stone |
| Funding | Membership fees |
| Website | www |
The Association of Investment Companies (AIC) is the United Kingdom trade association for the closed-ended investment company industry.[1]
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
[edit]It was founded in 1932, and was owned by James Henry. It was previously called the Association of Investment Trust Companies.[citation needed]
References
[edit]- ^ Lowe, Jenny (20 September 2010). "In the spotlight: Association of Investment Companies". FT Adviser. Archived from the original on 2011-07-11. Retrieved 2010-12-03.