Brewin Dolphin Podcast

In this week’s Podcast Ben Gutteridge, Brewin Head of Fund Research, speaks to Blake Hutchins, Investec’s lead fund manager on their UK and Global Equity Income funds. The conversation is a stock specific one, analysing the prospects for several businesses Blake is backing, namely Tesco, Rolls Royce and the less familiar Integrafin.

In this week’s Podcast Ben Gutteridge, Brewin Head of Fund Research, speaks to Caroline Miller, a Chief Strategist at BCA Research; a leading investment strategy research house based in Montreal. The conversation focuses on BCA’s recent downgrading of global equities to neutral, discussing both the rationale for the increased caution, but also the more supportive factors in play that have prevented an even more defensive move. The debate concludes with some analysis of the dollar, looking at both a short and medium-term expectations, and the impact this could have on other asset classes. A highly informative 20 minutes.

The Bank of Japan having sent ripples around global markets with their monetary policy tinkering. We ask Nathan Gibbs how what looks like tightening can actually be the easing it is intended to be? We also discuss the changes going on in Japan with improvements in corporate governance, reductions in excessive cash holdings and more investment. We ask whether Japanese stocks will continue to be inversely correlated with the yen, as they have been since 2006, and whether the clouds over Prime Minister Shinzo Abe’s head have cleared, as we approach the LDP leadership election which could topple the champion of Abenomics from power.

China has been on a rollercoaster for the last year with some indices entering a bear market during 2018. Defaults are rising and the yuan is falling but that creates opportunities for fund managers with the flexibility to take them. One such fund manager is Dale Nicholls who manages the Fidelity China Special Situations Investment Trust and he joins Guy Foster, Brewin Dolphin’s Head of Research to discuss the opportunities which may exist for investors in the Chinese market, notwithstanding the looming risk of more tariffs on Chinese exports. Dale talks about the opportunities he is seeing, the different tools he has to exploit them and the compares the fortunes of the big Chinese internet giants in a week that has seen mixed results from their US equivalents.

In this week’s Brewin Podcast, Ben Gutteridge, Brewin Head of Fund Research, speaks to John Bailer, a senior US equity fund manager at The Boston Company. In a week dominated by political uncertainty, it’s worthwhile reminding ourselves of the other, equally important matters impacting markets. On that basis today’s conversation focuses on the US banking sector, such a crucial signal and determinant of US economic success. The discussion also covers different sectors such as the Energy complex and ‘bond proxies’.

In this week’s podcast Ben Gutteridge, Brewin Head of Research, speaks to Bob Ryan, Senior Vice President at BCA Research and Managing Editor of their Commodity and Energy Strategy service. The conversation is a fascinating one, covering all the major issues that have contributed to the resurgent oil price over the past 12 months. Areas covered include Emerging Market demand, the Saudi/Russia coalition, Iranian sanctions, Venezuelan production degradation and the response from the US Shale producers. Have a pen and paper handy – this Podcast is brimming with useful data.

In this week’s podcast, we discuss the escalating trade tension and whether the Chinese authorities have directly orchestrated a move to devalue their currency as a retaliatory measure.

In this week’s podcast Ben Gutteridge, Brewin Head of Fund Research, speaks to Guy Foster, Brewin’s Head of Research about the escalating trade tension and whether the Chinese authorities have directly orchestrated a move to devalue their currency as a retaliatory measure.

In this week’s Podcast Ben Gutteridge, Brewin Head of Research, speaks to Bill Hench, the lead manager of the Legg Mason Royce US Small Cap Opportunities fund.