Congratulations to our 2025 Shortlist!

The awards highlight outstanding managers in this important part of the market, who have delivered consistently strong performance for investors across a variety of sectors and the judges believe can continue to perform well in the future.

The shortlists for the awards are constructed using scores provided by the AIC, using Morningstar data.

ENTRY DEADLINE: 22ND SEPTEMBER



UK All Companies

Baillie Gifford UK Growth plc

Fidelity Special Values plc

Mercantile Investment Trust plc

UK Income

City of London Investment Trust plc

Edinburgh Investment Trust plc

JPMorgan Claverhouse plc

Law Debenture Corporation plc

Lowland Investment Company plc

Temple Bar Investment Trust plc

UK Smaller Companies

Aberforth Smaller Companies Trust plc

abrdn UK Smaller Companies Growth Trust plc

JPMorgan UK Small Cap Growth & Income plc

Marwyn Value Investors Limited

Rockwood Strategic plc

Asia Pacific

Pacific Horizon Investment Trust plc

Schroder Asian Total Return Investment Company

Schroder AsiaPacific Fund plc

Europe

BlackRock Greater Europe Investment Trust plc

Fidelity European Trust plc

JPMorgan European Growth & Income plc

Global

Alliance Witan plc

AVI Global Trust plc

Brunner Investment Trust plc

F&C Investment Trust plc

Monks Investment Trust plc

Scottish Mortgage Investment Trust plc

Global Income

Invesco Global Equity Income Trust plc

JPMorgan Global Growth & Income plc

Murray International Trust plc

Schroder Oriental Income Fund Limited

Overseas Smaller Companies

abrdn Asia Focus plc

AVI Japan Opportunity Trust plc

JPMorgan European Discovery Trust plc

Montanaro European Smaller Companies Trust plc

Nippon Active Value Fund plc

The European Smaller Companies Trust plc

Scottish Oriental Smaller Companies Trust plc

Emerging Markets

Barings Emerging EMEA Opportunities plc

BlackRock Frontiers Investment Trust plc

BlackRock Latin American Investment Trust plc

Fidelity Emerging Markets Limited

JPMorgan Emerging Europe, Middle East & Africa plc

Templeton Emerging Markets Investment Trust plc

Flexible

Caledonia Investments plc

CT Global Managed Portfolio Growth plc

CT Global Managed Portfolio Income plc

Global Opportunities Trust plc

Majedie Investments plc

MIGO Opportunities Trust plc

Personal Assets Trust plc

Single Country (Emerging Markets)

abrdn New India Investment Trust plc

Ashoka India Equity Investment Trust plc

Fidelity China Special Situations plc

India Capital Growth Fund

JPMorgan Indian Investment Trust plc

Single Country (Developed Markets)

Baillie Gifford US Growth Trust plc

CC Japan Income & Growth Trust plc

JPMorgan American Investment Trust plc

JPMorgan Japanese Investment Trust plc

Pershing Square Holdings Ltd

Schroder Japan Trust plc

Private Equity and Growth Capital

CT Private Equity Trust plc

HgCapital Trust plc

ICG Enterprise Trust

Oakley Capital Investments Limited

Patria Private Equity Trust

Schiehallion Fund Limited

Debt

CQS New City High Yield Fund

CVC Income & Growth Limited

M&G Credit Income Investment Trust plc

Invesco Bond Income Plus Limited

TwentyFour Income Fund Limited

TwentyFour Select Monthly Income Fund Limited

Volta Finance Limited

Property

AEW UK REIT plc

Alternative Income REIT plc

Real Estate Credit Investments Limited

Target Healthcare REIT plc

TR Property Investment Trust plc

Infrastructure

3i Infrastructure plc

Cordiant Digital Infrastructure Limited

Ecofin Global Utilities and Infrastructure Trust plc

Pantheon Infrastructure plc

Renewable Energy Infrastructure

Foresight Solar Fund Limited

Greencoat Renewables PLC

Greencoat UK Wind PLC

Octopus Renewables Infrastructure Trust plc

Specialist

Baker Steel Resources Trust Limited

BlackRock Energy and Resources Income Trust plc

Doric Nimrod Air Three Limited

Golden Prospect Precious Metals Ltd

Polar Capital Global Financials Trust plc

Technology

Allianz Technology Trust plc

Herald Investment Trust plc

Polar Capital Technology Trust plc

Manchester & London Investment Trust plc

VCT

Albion Enterprise VCT

Blackfinch Spring VCT

British Smaller Companies VCT 2

Foresight VCT

Northern 3 VCT

Octopus Apollo VCT

Group of the Year

Baillie Gifford

Columbia Threadneedle Investment Business Limited

Fidelity

Janus Henderson Investors

J.P.Morgan Asset Management

Schroders