Association of Investment Companies

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

Association of Investment Companies

Abbreviation	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 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.^{[citation needed]}