The Association of Investment Companies (AIC) is undertaking a review of its sector classifications with hopes to introduce the realigned groupings early next year, PA's sister title Investment Week has revealed.
As the investment trust universe has continued to grow at a considerable rate in recent years, the regulatory body felt it was "an appropriate time to do this". Total industry assets for trusts now...
Bought plans in 1988 and 1989
To be added to model portfolio service
Launched 25 September