Investment trust sector reaches record high of £141bn

Infrastructure trusts grow to £8bn in AUM in ten years

The investment trust sector's total assets under management has almost doubled in size since 2006, reaching a record high of £141bn at the end of June, according to the Association of Investment Companies (AIC).

Data released today by the trade body revealed almost £5bn was added since May's end, while £9bn has been added since the end of January this year. At the end of June 2006, total AUM for the sector was £76bn, meaning this has almost doubled in size in ten years. The Global sector is currently the largest peer group with total AUM of £22bn - a similar figure to a decade ago when assets were £23bn. The second largest is the Property sector, which has a total AUM of £13bn, compared to £6bn a decade ago when it was the fourth largest sector. However, the most notable change is the r...