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AITC launches shareholder value initiative

The Association of Investment Trust Companies is launching a number of initiatives which it hopes will enhance shareholder value.


The trade body has commissioned a &#34Reference Book for Directors&#34, which will be researched and edited by Nigel Sidebottom, formerly of Greig Middleton.


It will also produce a guidance note on best practice for investment trust company reports and accounts.


BT Alex Brown analyst Hamish Buchan will chair the working party on the report.


The AITC is developing a course with a leading business school for directors of investment trust companies. It will use the &#34Reference Book for Directors&#34 as its main source of content.


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