Money Makers

Jonathan Davis, editor of the Investment Trusts Handbook, is joined in this week’s edition of the Money Makers Weekly Investment Trust podcast by Ewan Lovett-Turner, head of investment trust research at Numis Securities.

Trusts mentioned this week (with tickers) include: CQS Natural Resources Growth and Income (CYN), International Biotech (IBT), Fidelity Special Values (FSV), BlackRock Smaller Companies (BRSC), Princess Private Equity (PEY), International Public Partnerships (INPP), TwentyFour Income (TFIF), Independent Investment Trust (IIT), Starwood European Real Estate Finance (SWEF), Balanced Commercial Property Trust (BCPT).

Section Timestamps:

00:36 - Review of the week and summary of results

04:55 - On the Money Makers Circle this week

05:29 - Q &A with Ewan Lovett-Turner

- 05:44 - The overall market environment

- 07:21 - Client sentiment

- 09:12 - Discounts in the investment trusts sector

- 12:37 - Understanding how different trusts are affected

- 14:02 - The fundraising "desert"

- 15:42 - Consolidation within the sector

- 22:06 - What's going on in the debt sector?

- 24:12 - Private equity

- 28:51 - Are buybacks effective for alternative assets?

- 35:52 - Commercial property

- 38:08 - Looking ahead

40:54 - Close

If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook.

The latest profiles to feature on the Money Makers Circle are: Strategic Equity Captial (SEC), Third Point Investors (TPOU), and NB Private Equity (NBPE). These are all available along with the usual regular features.

For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 130 podcasts since launch.

You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk.

Produced by Ben Gamblin.

In this week's edition of the Weekly Investment Trust Podcast, Jonathan Davis attends the AIC's inaugural Investment Company Showcase event, held on Friday 28 October 2022. He is joined for brief chats, first by the CEO of The Association of Investment Companies, Richard Stone, followed by a number of the fund managers also in attendance.

Section Timestamps:

01:06 - Review of the week

03:30 - Corporate news and accouncements

09:13 - A summary of the week's results

12:29 - Money Makers Circle

12:44 - Fund manager chats

12:50 - Richard Stone, CEO of The AIC

15:08 - Nick Brind, manager of Polar Capital Global Financials Trust (PCFT)

20:05 - Kyle Caldwell, Interactive Investor

24:51 - Jason Baggaley, Abrdn Property Income (API)

31:40 - Bruce Stout, Murray International

37:11 - Paul Niven, F&C Investment Trust (FCIT)

43:17 - James Henderson, Janus Henderson

50:09 - Paulo Almeida, Tufton Oceanic Assets

56:12 - Job Curtis, City of London Investment Trust

1:02:35 - The Investment Trusts Handbook 2023

1:03:07 - Close

If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook.

For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our 130 podcasts since launch.

You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk.

Produced by Ben Gamblin.

In a special edition of the Weekly Investment Trust Podcast which was recorded before the latest seismic political developments in 10 Downing Street, Jonathan Davis, the editor of the Investment Trusts Handbook, talks to Sandy Nairn, the manager and executive director of the Global Opportunities Trust (GOT) and author of The End of the Everything Bubble.

Section Timestamps:

00:17 - Introducing Sandy Nairn

03:01 - Money Makers Circle

03:33 - Next week

04:00 - Discussion with Sandy Nairn

04:06 - The End of the Everything Bubble

07:38 - How bad can things get?

09:33 - The increase in debt

11:06 - The Federal Reserve

13:16 - Government bond yields

14:24 - The impact of politic pressures

16:56 - Why change the portfolio mandate?

21:40 - What would Templeton do?

25:30 - Self-managed trusts

26:59 - Understanding financial history

29:35 - The Crypto Bubble

31:41 - An optimistic outlook?

34:41 - Close

If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook.

For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our almost 130 podcasts since launch.

You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk.

Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, is joined in this week's edition of the Money Makers Weekly Investment Trust podcast by Richard Curling, manager of both the Jupiter Alternative Monthly Income Fund, and the Jupiter Fund of Investment Trusts.

Trusts mentioned this week (with tickers) include: Fundsmith Emerging Equities (FEET), Sustainable Farmland Trust, Harmony Energy Income (HEIT), Hipgnosis Songs Fund (SONG), Taylor Maritime (TMI), LXI REIT (LXI), Biopharma Credit (BPCR), Supermarket REIT (SUPR), Digital 9 Infrastructure (DGI9), Gore Street Energy (GSF), Greencoat UK Wind (UKW).

Section Timestamps:

00:18 - Review of the week

02:48 - Money Makers Circle

02:58 - Introducing Richard Curling

03:42 - Summary of this week's news and results

08:12 - Discussion with Richard Curling

47:56 - Close

If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook.

For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 120 podcasts since launch.

You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk.

Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, is joined in this week’s edition of the Money Makers Weekly Investment Trust podcast by Duncan MacInnes, lead manager of the Ruffer Investment Company (RICA); and Peter Hewitt, manager of the CT Global Managed Portfolio (CMPG).

Trusts mentioned this week (with tickers) include: Invesco Perpetual UK Smaller Companies (IPU), Strategic Equity Capital (SEC), Henderson EuroTrust (HNE), European Smaller Companies (ESCT), Ashoka India Equity (AIE), Baillie Gifford China Growth (BGCG), Vietnam Holding (VNH), Macau Property Opportunities (MPO), Hipgnosis Songs Fund (SONG), Monks / Independent Investment Trust (IIT), NB Private Equity (NBPE), SDCL Energy Efficiency Income (SDCL), Scottish Mortgage Trust (SMT), Finsbury Growth and Income (FGT), Worldwide Healthcare Trust (WWH), BH Macro (BHMG), Fidelity Emerging Markets (FEML), Mobius Investment Trust (MMIT).

Section Timestamps:

01:06 - Review of the week

03:11 - Money Makers Circle

04:07 - Discussion with Duncan MacInnes

36:45 - Results this week

38:55 - Discussion with Peter Hewitt

57:32 – Close

If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook.

In addition to the regular features, this week the Circle features the continuation of Jonathan's discussion with Peter Hewitt of the CT Global Managed Portfolio, and a profile of BBGI Global Infrastructure, the large infrastructure investment trust.

For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 120 podcasts since launch.

You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk.

Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, is joined in this week's edition of the Money Makers Weekly Investment Trust podcast by James Carthew, director of QuotedData; Colette Ord, Infrastructure and Renewable Energy analyst at Numis; and Justin Bell, Property Specialist at Numis.

Trusts mentioned this week (with tickers) include: Digital 9 Infrastructure (DGI9), Cordiant Digital Infrastructure (CORD), HICL Infrastructure (HICL), Bluefield Solar Income (BSIF), Octopus Renewables Infrastructure (ORIT), Aquila European Renewables Income Fund (AERS), UK Commercial Property (UKCM), PRS REIT (PRSR).

Section Timestamps:

00:13 - Reaction to the mini-budget

01:58 - Review of the week

05:39 - Money Makers Circle

06:05 - Discussion with James Carthew

19:52 - Discussion with Colette Ord

35:40 - Discussion with Justin Bell

51:39 - Close

If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook.

In addition to the regular features, this week the Circle features the continuation of Jonathan's discuss with James Carthew of QuotedData.

For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 120 podcasts since launch.

You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk.

Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, is joined in this week's edition of the Money Makers Weekly Investment Trust podcast by Nick Greenwood, manager of the MIGO Global Opportunities Trust and Matt Hose, alternative assets analyst at Jefferies.

Next week, the podcast takes a break while Jonathan is on holiday but it will return on 01 October.

We are aware of an issue that affected delivery of last week's podcasts to some listeners who subscribe via Apple Podcasts and we apologise for the inconvenience. Should you experience any difficulty accessing the podcast through your usual channel, the latest edition of the podcast is always available at the Money Makers website (money-makers.co/podcasts)

Trusts mentioned this week (with tickers) include: The Sustainable Farmland Trust, Independent Living REIT, Pantheon Infrastructure (PINT), Third Point Investors (TPOU), Baker Steel Resources Trust (BSRT), Dunedin Enterprise (DNE), Chrysalis Investments (CHRY), Macau Property Opportunities Fund (MPO), Georgia Capital (CGEO), VinaCapital Vietnam Opportunity Fund (VOF), Greencoat UK Wind (UKW), The Renewables Infrastructure Group (TRIG), International Public Partnerships (INPP), Digital 9 Infrastructure (DGI9), Hipgnosis Songs Fund (SONG), Round Hill Music Royalty Fund (RHM).

Section Timestamps:

00:40 - Summarising the week

03:25 - Money Makers Circle

03:47 - A discussion with Nick Greenwood

32:23 - Results and corporate news highlights this week

36:23 - A discussion with Matt Hose

54:17 - Close

If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook.

For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 120 podcasts since launch.

You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk.

Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, is joined in this bonus edition of the Money Makers Weekly Investment Trust podcast by Steven Tredget, a partner at Oakley Capital.

If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook.

For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 120 podcasts since launch.

You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk.

Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, is joined in this week's edition of the Money Makers Weekly Investment Trust podcast by Alastair Laing, co-manager of Capital Gearing Trust. Jonathan also spoke to Steven Tredget of Oakley Capital Investments; their discussion will be released as a bonus podcast.

Trusts mentioned this week (with tickers) include: SDCL Energy Efficiency Trust (SEIT), LXI REIT (LXI), Abrdn New Dawn (ABD), Trian Investors One (TI1), Triple Point Social Housing (SOHO), Abrdn UK Smaller Companies Growth Trust (AUSC), Abrdn Smaller Companies Income Trust (ASCI), BlackRock Latin America (BRLA), Rockwood Strategic (RKW), AVI Japan Opportunity Trust (AJOT), Castelnau Group (CGL), Vietnam Enterprise Investments (VEIL), International Public Partnerships (INPP), Thomaslloyd Energy Impact Trust (TLEI).

Section Timestamps:

00:07 - Introduction

02:46 - Money Makers Circle

03:32 - Noteable results this week

04:51 - A discussion with Alastair Laing

41:16 - Summary of results

50:00 - Looking back to 1952

52:39 - Close

If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook.

As well as the regular features this week, the Circle features a profile of 3i Private Equity (III).

For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 120 podcasts since launch.

You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk.

Produced by Ben Gamblin.

Jonathan Davis, editor of the Investment Trusts Handbook, is joined in this week's edition of the Money Makers Weekly Investment Trust podcast by two guests - Max King, columnist at MoneyWeek and former fund manager at Investec; and Andrew Lister, head of closed-end fund strategies at Abrdn.

Trusts mentioned this week (with tickers) include: F&C Investment Trust (FCIT), Chrysalis Investments (CHRY), SDCL Energy Efficiency Income (SEIT), Taylor Maritime Investments (TMI), Rights and Issues Investment Trust (RIII), BBGI Global Infrastructure (BBGI), Target Healthcare REIT (THR), Oakley Capital (OCI), HG Capital (HGT), 3i Group (III), Intermediate Capital Group (ICP).

Section Timestamps:

00:45 - Review of the week with Max King

10:44 - This week's news and fundraising

17:47 - Max King's portfolio changes

22:25 - Jonathan's round-up of other news

25:34 - Latest investment trust results

27:33 - Latest Money Makers Circle content

28:22 - Private equity discussion with Andrew Lister

53:23 - Close

If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook.

This week the Circle features a profile of the Diverse Income Trust (DIVI) and commentary by Jonathan on the week's developments, as well as a new feature, a table of forthcoming dividend and ex-div dates.

For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 120 podcasts since launch.

You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk.

Produced by Ben Gamblin.