Merryn and senior reporter John Stepek discuss the conversation with Argonaut’s Barry Norris. 

Links of research/stories referenced in the show and aftershow: 
https://www.argonautcapital.co.uk/stockumentaries/2023/10/26/britains-a-goner-with-the-wind/

https://www.these-islands.co.uk/publications/i390/an_inconvenient_fact.aspx

https://www.gov.uk/government/news/boost-for-offshore-wind-as-government-raises-maximum-prices-in-renewable-energy-auction

 https://www.bloomberg.com/news/articles/2023-11-14/siemens-energy-secures-15-billion-deal-to-shore-up-finances

https://www.bloomberg.com/news/articles/2023-10-27/faulty-wind-turbines-become-germany-s-16-billion-problem 

Link to Money Distilled newsletter: 
https://www.bloomberg.com/account/newsletters/uk-wealth

See omnystudio.com/listener for privacy information.

Argonaut’s Barry Norris, whose fund has been making money by shorting renewable energy firms, joins Merryn Talks Money to explain.

Links of research/stories referenced in the show and aftershow: 
https://www.argonautcapital.co.uk/stockumentaries/2023/10/26/britains-a-goner-with-the-wind/

https://www.these-islands.co.uk/publications/i390/an_inconvenient_fact.aspx

https://www.gov.uk/government/news/boost-for-offshore-wind-as-government-raises-maximum-prices-in-renewable-energy-auction

 https://www.bloomberg.com/news/articles/2023-11-14/siemens-energy-secures-15-billion-deal-to-shore-up-finances

https://www.bloomberg.com/news/articles/2023-10-27/faulty-wind-turbines-become-germany-s-16-billion-problem 

Link to Money Distilled newsletter: 
https://www.bloomberg.com/account/newsletters/uk-wealth

See omnystudio.com/listener for privacy information.

Merryn Somerset Webb and senior reporter John Stepek reflect on Asante’s assessment of the current EM landscape, debate his argument for choosing India over China as a place to invest and how he chooses what companies to put his money behind. 

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Emerging markets have had a bad stretch, but fund manager Jonathan Asante explains how picky investors can make them work. After taking a break from the industry in 2019, Asante is getting back in with the launch of the Chikara Global Emerging Markets Opportunities Fund.

Plus, John Stepek joins to talk about the leasehold reform mentioned in this week's King's Speech. 

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At Bloomberg, we’re always talking about the biggest business stories, and no one is bigger than Elon Musk.

In this new chat weekly show, host David Papadopoulos and a panel of guests including Businessweek’s Max Chafkin, Tesla reporter Dana Hull, Big Tech editor Sarah Frier, and more, will break down the most important stories on Musk and his empire. Listen wherever you get your podcasts.

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Cathie Wood says she would unambiguously bet on Bitcoin — rather than gold or cash — to safeguard against the possibility of deflation in the coming decade. The head of ARK Investment Management joins this week’s Merryn Talks Money podcast and reiterates her view that she expects an era of falling prices, backed by new technologies including artificial intelligence, electric vehicles, robotics, genomic sequencing and blockchain. It’s a view she’s held since 2021. 

On this week’s special aftershow episode, Somerset Webb and senior reporter John Stepek reflect on Wood’s convictions. For Stepek, Wood’s greatest edge is “being able to sell a good story to investors and make money from it.” But he points out, “that doesn’t mean that the investments she’s in are going to make money.”

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Despite a rough few years for her Innovation exchange-traded fund, Ark Investment Management founder Cathie Wood still sees a bright future. She joins this week to talk about her outlook, Tesla, the merits of Bitcoin and more. 

Plus, John Stepek joins to discuss the Bank of England's decision to keep rates unchanged. 

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In the UK, there are 70% fewer listed companies today than in 1996. Around the world, equity markets are getting progressively smaller as the number of publicly traded companies dwindles. So where have all the companies gone? In this week’s episode of Merryn Talks Money, Schroders’s Duncan Lamont and Douglas Abbott join host Merryn Somerset Webb to try and answer that question.

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Why have equity markets around the world, and in the UK in particular, been shrinking? According to Duncan Lamont and Douglas Abbott of Schroders, the answer is simple: a robust private equity industry means more companies are going private.

The two men joined Merryn Somerset Webb this week on the podcast Merryn Talks Money to discuss this state of affairs, both globally and in Britain where the situation has become extreme. There are 70% fewer listed companies in the UK today than was the case in 1996.

In this week’s aftershow, senior reporter John Stepek joins host Somerset Webb to discuss the solutions posited by Lamont and Abbott for tackling the disappearance of listed UK companies.

See omnystudio.com/listener for privacy information.

The way the British government funds itself is complicated—ridden with fiscal drag and stealth levies. Everyone seems to hate the system for something, and there’s arguably a dire need for reform. That’s the case that was made by Institute for Fiscal Studies Director Paul Johnson during an episode of Merryn Talks Money this week. But what kind of changes are we talking about, and will they work? In this week’s special aftershow episode, Somerset Webb and senior reporter John Stepek unpack Johnson’s comments on the UK tax system and the changes he says are necessary to encourage growth across the country.

See omnystudio.com/listener for privacy information.