TechCrunch | Reporting on the business of technology, startups, venture capital funding, and Silicon Valley
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Rating:Guides and Strategies
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Rating:An investment company is a company whose main business is holding securities of other companies purely for investment purposes. The investment company invests money on behalf of its shareholders who in turn share in the profits and losses. In United States securities law, there are at least three types of investment companies:
The Association of Investment Companies is the United Kingdom trade association for the closed-ended investment company industry. It represents a broad range of closed-ended investment companies, incorporating investment trusts, offshore investment companies and Venture Capital Trusts which are traded on the London Stock Exchange, AIM and Euronext. It was founded in 1932...
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