Association of Investment Companies

Association of Investment CompaniesAbbreviation| AIC

|

Formation| 1932; 93 years ago (1932)
Type| Trade association
Legal status| Trade body for closed-ended investment companies
Location|

* City of London, United Kingdom

Region served

| United Kingdom and Europe
Membership| 350 members

Chief Executive

| Richard Stone
Funding| Membership fees
Website| www.theaic.co.uk

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

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It was founded in 1932, and was owned by James Henry. It was previously called the Association of Investment Trust Companies.[citation needed]

## References

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1. ^ 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.

## External links

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* Official website