Investment - Articles - Investment company's assets reach a new high of over £150bn

 Ian Sayers, Chief Executive of the Association of Investment Companies (AIC) said: “After a challenging start to the year and uncertainty over the EU referendum, it’s positive news that the industry’s total assets are at a record high, passing £150bn for the first time. The growth of alternative assets to just over a third of the industry’s assets is significant.

 However, the Global sector remains the largest investment company sector and our three largest members are from this sector. Investment companies’ long-term performance record, and their income advantages, make them particularly relevant to investors in the current low interest rate environment.”

 Ten largest member investment companies (£m) at 31 August 2016