2022 Shortlist

Congratulations to our 2022 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.

UK All Companies

Aurora Investment Trust

Fidelity Special Values PLC

Henderson Opportunities Trust

Schroder UK Mid Cap Fund plc

UK Income

City of London Investment Trust

Edinburgh Investment Trust

Invesco Select Trust plc UK Equity Share Portfolio

Law Debenture Corporation

Schroder Income Growth Fund plc

The Merchants Trust

UK Smaller Companies

Aberforth Smaller Companies Trust

JPMorgan UK Smaller Companies Investment Trust

Miton UK Microcap plc

Odyssean Investment Trust

Oryx International Growth Fund

Rights & Issues Investment Trust

Strategic Equity Capital plc

Asia Pacific

Pacific Assets Trust

Pacific Horizon Investment Trust

Schroder Asian Total Return Inv. Company

Schroder AsiaPacific Fund plc


BlackRock Greater Europe Investment Trust

Fidelity European Trust

Henderson European Focus Trust

JPMorgan European Growth & Income plc


AVI Global Trust

The Brunner Investment Trust

F&C Investment Trust

Mid Wynd International Investment Trust

Scottish Mortgage Investment Trust

Monks Investment Trust

Overseas Income

Henderson International Income Trust

Invesco Asia Trust

Invesco Select Trust plc Global Equity Income Share Portfolio

JPMorgan Global Growth & Income Investment Trust

Murray International Trust

Scottish American Investment Company

Securities Trust of Scotland plc

Overseas Smaller Companies

Fidelity Asian Values PLC

Herald Investment Trust

JPMorgan US Smaller Companies Investment Trust

Montanaro European Smaller Companies Trust

North Atlantic Smaller Companies Investment Trust

The European Smaller Companies Trust

Global Emerging Markets

BlackRock Frontiers Investment Trust

Gulf Investment Fund plc

JPMorgan Global Emerging Markets Income Trust

Mobius Investment Trust

Single Country

Aberdeen New India Investment Trust

abrdn China Investment Company Ltd

Ashoka India Equity Investment Trust

Fidelity China Special Situations PLC

India Capital Growth Fund Ltd

JPMorgan China Growth & Income plc

Middlefield Canadian Income Trust

Pershing Square Holdings

VietNam Holding Limited

VinaCapital Vietnam Opportunity Fund Ltd


Bailiwick Investments

Caledonia Investments

Capital Gearing Trust

RIT Capital Partners

Ruffer Investment Company

Tetragon Financial Group

Private Equity

CT Private Equity Trust

HarbourVest Global Private Equity

HgCapital Trust

ICG Enterprise Trust

Oakley Capital Investments


BioPharma Credit plc

Blackstone Loan Financing

Fair Oaks Income Limited 2021

Riverstone Credit Opportunities Income plc

VPC Specialty Lending Investments



CT Property Trust


Tritax Big Box REIT

Urban Logistics REIT

Warehouse REIT

Biotech and Healthcare

Bellevue Healthcare Trust

International Biotechnology Trust

Polar Capital Global Healthcare Trust

Worldwide Healthcare Trust

Commodities and Natural Resources

BlackRock Energy and Resources Income Trust

BlackRock World Mining Trust

CQS Natural Resources Growth & Income plc

Geiger Counter Ltd

Riverstone Energy Limited


3i Infrastructure plc

Ecofin Global Utilities and Infrastructure Trust

GCP Infrastructure Investments

Premier Miton Global Renewables Trust

Environmental and Renewables

Foresight Solar Fund

Gore Street Energy Storage Fund

Greencoat UK Wind PLC

Gresham House Energy Storage Fund

JLEN Environmental Assets Group

Menhaden Resource Efficiency PLC


Allianz Technology Trust

Augmentum Fintech PLC

Hipgnosis Songs Fund

Polar Capital Technology Trust

VCT Generalist

Albion Development VCT

British Smaller Companies VCT 2

Foresight VCT

Octopus Apollo VCT

Pembroke VCT B shares

Puma VCT 13

The Income & Growth VCT

VCT AIM Quoted


New Century AIM VCT 2

Octopus AIM VCT 2

Unicorn AIM VCT

Group of the Year 

Baillie Gifford


Fidelity International

J.P. Morgan Asset Management

Janus Henderson Investors