AIC sector revamp welcomed as alternative flows double
Changes come into effect on 28 May

Investment trust professionals have welcomed the Association of Investment Companies' (AIC) decision to introduce 13 new sectors and rename 15 others, in its attempt to more "accurately reflect the shape of the industry today".
The changes, announced last week, follow a year-long, industry-wide consultation, and will come into fruition on 28 May. They include splitting the two Asia Pacific sectors into three: Asia Pacific,...
More on Investment Trusts
Schroders forges ahead with British Opportunities Trust launch as competitors drop out
To list on 1 December
AIC launches investment company research tool for advisers
Filter and compare investment companies
Adviser knowledge gap hinders investment company use, research
Main barriers revealed
Investment trusts outperform sister funds over 75% of the time - AJ Bell
'Alarming' performance differential
Investors 'underwhelmed' by Barnett replacement on Edinburgh investment trust
Mixed industry reaction to new appointment
More news
UK borrows £34bn in December as public sector debt set to increase through 2021
Third highest monthly figure since 1993
Advisers to be levied £240m again as FSCS announces £1bn overall levy
'Cannot normalise this level of loss'
Daniel Baade: The rise of debt financing in IFA M&A
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Quilter supports 285 young carers in the UK by raising £10,600
Supported over Christmas
Treasury Taskforce to address FSCS levy concerns and work with FCA
Plus online scams