Morningstar UK: Podcasts

A Happy New Year to all our listeners and Welcome back to the podcast from Morningstar UK, the leading provider of investment news, views and analysis. This week we give you plenty to share in our Guide to Investing for 2019\.

Let’s start with some stock picks for the New year! Killik & Co's Rachel Winter shares her three stock picks for January 2019, A mix of value bets and dependable equities with Morningstar’s Senior International Editor, Emma Wall.

Are you ready to Invest in 2019? State Street Global Advisors' Kevin Anderson says 2019 will be volatile - but there will also be opportunities for investors who are ready to pivot

Our next guest, Psigma’s Chief Investment officer Tom Becket warns us that the upward rising markets of the past decade are over and that investors should prepare for a risky year ahead

What Will Trigger an Emerging Market Rally in 2019? This year, markets were dominated by politics and in particular, the trade war. What can investors in Asian equities expect from 2019? Emma Wall speaks with Khiem Do - Head of Greater China Investments for Barings to find out.

What Should ETF Investors Expect in 2019? Jackie Choy - Director of ETF Research, Morningstar Asia believes the focus should be on More exposure to mainland China shares, active ETFs and a focus on ESG

Disciplined investors always urge others to buy on the dips - but not all stock market falls create buying opportunities. Our next Guest, Morningstar Investment Management‘s Dan Kemp explains Why a Share Price Slump Does Not Always Mean Buy

Younger investors are urged to stay in the game when it comes to pension savings ahead of the auto-enrolment minimum contribution jump due this April. You’ll need to Play the Long Game says Morningstar’s Emma Wall to Win With Retirement Saving.

And that’s the end of this edition. We hope you enjoyed this programme from everyone here at Morningstar UK, thanks for listening.

Subscribe to our podcast on itunes:

https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2

http://www.morningstar.co.uk

Welcome to the podcast from Morningstar UK, the leading provider of investment news, views and analysis. This week we analyse the impact of this week’s UK Budget Report and how to navigate falling global stock markets.

Let’s start with the Budget. Whilst Phillip Hammond’s announcements of tax reductions and spending measures may boost Britain’s high street retailers, the positive impact on investors is likely to be limited says Morningstar Investment Management’s Dan Kemp.

Now on to global markets. During times of uncertainty even the most experienced of fund managers get scared of volatile markets. Up next, Aberdeen Standard's Hugh Young explains his fears about a trade war are justified, but says investors should stay the course or they risk missing the recovery. 

Our next guest, Michele Hardeman, Head of Global Markets for Asia Pacific for State Street, explains to our Senior International Editor, Emma Wall, how falling emerging market currencies have impacted investor confidence.

China shares have had their worst October in a decade, and the sell-off recently was the largest since January 2016 - is the fear warranted? And how does this impact the value of other emerging market countries? Morningstar Investment management’s Cyrique Bourbon is up next to explain

So how do we go about finding value in troubled Emerging markets? Our next guest, T Rowe Price's Ernest Yeung says we should look for stocks which are uncorrelated to trade war fears and US central bank policies.  

FTSE and MSCI have announced plans to include more mainland China listed shares in their indices. Morningstar's Director of ETF Research in Asia, Jackie Choy, is up next to explain the impact this has for passive fund investors

Most of the money in emerging market bond tracker funds and ETFs is linked to JP Morgan benchmarks, so the bank’s plans to include Gulf nations such Saudi Arabia, Kuwait, Qatar, United Arab Emirates and Bahrain from January 2019 will have an impact on investors tracking those indexes explains Morningstar’s Jose Garcia Zarate.

What are thematic ETF’S and why should we be wary of them? Robotics, ESG, artificial intelligence - thematic ETFs are growing in popularity. But investors should look before they leap says Morningstar's Kenneth Lamont

And that’s the end of this edition. We hope you enjoyed this programme from everyone here at Morningstar UK, thanks for listening.

Subscribe to our podcast on itunes:

https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2

http://www.morningstar.co.uk

Welcome to the podcast from Morningstar UK, the leading provider of investment news, views and analysis. This week we’re focusing on how politics can affect stock markets, from Brexit and emerging markets to Donald Trump’s trade policies.

Let’s start with Brexit. Our first guest, - Michael Metcalfe, Head of Global Macro Strategy at State Street, likens a no deal or hard Brexit to a natural disaster that it will inflict serious damage on the UK economy.

Donald Trump's tax reforms will cause inflation and this will cause interest rates to rise, but dwindling liquidity is a concern too, says Jeff Boswell, Manager, Investec Global Total Return Credit Fund.

Continuing with president Trump, Somerset Capital's Ed Lam says you can't ignore political risk when investing in emerging markets, and so is favouring India and investing away from Trump's tariffs.

Our next guest is Olufemi Mada, Senior investment Analyst for Morningstar investment Management who talks to us about why it has been a difficult 2018 for emerging market bonds. Specifically, he discusses how Turkey and Argentina are only a small proportion of the bond market - but their current problems have impacted returns across the asset class.

Turkey and Argentina may be in trouble, but the contagion slump has gone too far says our next guest, Delphine Arrighi, Manager of the Old Mutual Emerging Market Debt Fund

Is Rising Volatility the Start of the Great Correction? Our next guest, T Rowe Price's Chris Alderson explains why stock market performance is diverging - and what investors should expect next

There are 5 megatrends shaping the future of investing according to our next guest Rob Powell, Thematic Investment Strategist at iShares. Let’s dive straight in to find out what they are and how these megatrends are shaping global economies and stock markets

Looking for good value equities in the tech space? Ignore the FAANG stocks and consider these three lesser known companies says Killik & Co’s Rachel Winter

And that’s the end of this edition. We hope you enjoyed this programme from everyone here at Morningstar UK, thanks for listening.

Subscribe to our podcast on itunes:

https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2

http://www.morningstar.co.uk

Welcome to the podcast from Morningstar UK, the leading provider of investment news, views and analysis. This week we’re focusing on the Impact a No Deal Brexit could have on the Markets.

UK Brexit Secretary Dominic Raab and EU Chief Negotiator Michel Barnier are currently locked in crunch talks over the future of the Britain’s trade terms with the European Union. With Brussels admitting there is “no plan B” for a no-deal Brexit, the stakes couldn’t be higher.

Should investors shun UK assets and seek shelter in US assets if there is a no deal Brexit. Or does the uncertainty create opportunities? Our first guest, Mike Coop from Morningstar Investment Management explains.

What Impact Does Political Turmoil such as a no deal Brexit Have on Markets? Morningstar Investment Management's Dan Kemp is up next and considers how the latest Brexit fallout will affect portfolios. 

What Does Brexit Mean for Your Pension?  Sterling weakness has been good for investors who own FTSE 100 stocks. But concerns are growing that Brexit is distracting politicians from other priorities. Senior International Editor for Morningstar, Emma Wall discusses this issue next.  

But if you are nervous about Brexit’s impact on UK stocks, there are plenty of global opportunities to choose from. In her latest monthly series Killik & Co's Rachel Winter shares three lesser known top stock picks within aerospace, fragrances and alternative energy.

Does a Strong US Dollar Create Buying Opportunities in Asia? A strong US dollar and trade war rhetoric has meant Asian equities have suffered this year - but JPMorgan's Joanna Kwok says the outlook is positive

Political crises, trade disputes and environmental disasters are leading investors to re-appraise their exposure to emerging markets assets and our very Dan Kemp returns to explain How to Successfully Navigate Emerging Market Investing

Finally, our last guest today is Fidelity's Dhanajay Phadnis who explains to Emma that although Indian stocks look expensive, political reforms are creating sector-driven growth opportunities for investors. 

And that’s the end of this edition. We hope you enjoyed this programme from everyone here at Morningstar UK, thanks for listening.

Subscribe to our podcast on itunes:

https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2

http://www.morningstar.co.uk

Welcome to the podcast from Morningstar UK, the leading provider of investment news, views and analysis. This week we’re focusing on the potential US-China trade war, and how politics have impacted the Asian markets. President Trump has revealed plans for trade tariffs targeting Chinese tech and innovation. But should investors be more wary of China's response? Emma Wall, Senior international editor for Morningstar speaks with Catherine Yeung, Investment Director at Fidelity to find out more.

A significant political event occurred this month when President Trump and North Korean leader Kim Jong-un met for the first time. But what does the agreement they signed mean for Asia’s economy? 

Our next guest Schroders' Jason Yu, says protectionism will increase market volatility but the fundamentals remain strong for Asia equities and so China shares Won't Be De-railed by Trump Tariffs

It is now easier than ever to invest in companies based in mainland China, and China is investing in global projects of its own. Our next Guest, Rossen Djounov, Head of Asia for GAM explains How China is Opening its Doors to Global Investors

Can China Stock Market Recover 20% Losses? Chinese stocks are officially in a bear market, having lost 20% year to date. What has caused the slump and will the market recover? We ask Andrew Swan, Manager of the BlackRock Asia Fund.

Looking at the US, State Street’s Dwyfor Evans believes the US is a Bright Spot on the Investment Horizon as he explains to Emma about his outlook for the rest of 2018\.

During times of Political uncertainty, should we be holding more cash? Holding too much cash may be a bad idea over the long term, but right now it is a good defensive option says Andrew Lill, Chief Investment officer for Morningstar Investment Management

Subscribe to our podcast on itunes:

https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2

http://www.morningstar.co.uk

Welcome to the podcast from Morningstar UK, the leading provider of investment news, views and analysis. This week we’re focusing on the UK and European markets, and how politics have impacted stock markets. UK stocks have fallen from favour as concerns build about Brexit. But our first guest James Henderson, manager of the Lowland Investment Trust welcomes the dip as it has provided opportunity for him to pick up income stocks cheap.

Up next, JPM Claverhouse Trust manager Will Meadon says It is understandable that UK equities have fallen from favour but warns investors against ignoring them completely.

Has Europe reached its peak, is this as good as it’s going to get? Sam Morse, manager of the Fidelity European Values fund is up next to discuss investment conditions in Europe, and where there is value left in the market.

Our next guest is Olly Russ, Manager of the Liontrust European Enhanced Income Fund. Olly feels that Europe has never looked better and is in great shape so equity investors should make the most of it. 

Up next, Nomura’s Global Dynamic Bond fund manager, Richard Hodges, says that bond market investors should listen the guidance given by central banks to avoid the shock of interest rate rises

Bond investors know inflation impacts returns. So our next guest, Hermes' Fraser Lundie is watching US jobs figures and the oil price closely to gain insight

Next up we have Baring Emerging Europe Fund Manager Matthias Siller, who suggests investing in financial stocks to benefit from increasing wealth in Eastern Europe.

Our final guest is Emily Fletcher, Co-Manager of the BlackRock Frontiers Fund who reveals which of the "Forgotten Forty" stock markets offers the best risk-reduced returns.

Subscribe to our podcast on itunes:

https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2

http://www.morningstar.co.uk

Welcome to the podcast from Morningstar UK, the leading provider of investment news, views and analysis. This week we’re at the Morningstar Investment conference speaking with investment experts about the latest trends in the market and where they are seeing risks and opportunities to look out for? Our first guest today is Sebastian Lyon, Founder of Troy Asset Management who warns investors that quantitative easing and low interest rates have propped up stocks and bond prices and so investors should be nervous about markets. 

With Sebastian urging caution, our next guest, Jupiter's James Clunie tells Emma Wall reasons to stay positive when stock markets look negative. stock markets look overvalued across the spectrum, but you can protect yourself against severe losses. 

Next up, Mark Costar of J O Hambro Capital Management tells Emma Wall that misallocation of capital and failure to embrace technology impact companies more than economics

How do you profit from innovation? Is it just about investing in technology stocks? Interestingly, Our next guest, Guinness fund manager Ian Mortimer finds innovation through industrials and consumer stocks. 

A key theme at this year’s Morningstar Investment conference was Artificial Intelligence. What exactly is Artificial Intelligence And how can investors profit from the innovation in computer learning?

Next up, Ian McKenna of the Finance & Technology Research Centre says Digitalising financial services can drive down costs and improve end investors' experience so it’s important that Financial advisors embrace technology 

What Will Happen to Politics Post-Brexit? Why was the Brexit vote such a shock to many? And will it spell the end or the beginning of populist politics? Professor Matthew Goodwin makes his predictions in our next interview. 

Will US Tax Reform Lead to Growth or Inflation? Will Donald Trump's proposed tax reform in the US prolong the economic cycle or cause inflation to jump? We ask JP Morgan’s Market strategist Karen Ward.

Subscribe to our podcast on itunes:

https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2

http://www.morningstar.co.uk

Welcome to the podcast from Morningstar UK, the leading provider of investment news, views and analysis. This week we discuss the Chancellor’s Spring Statement, tips to legally reduce your tax bill in preparation for the end of the tax year, Trump’s Trade tariff and more! A few hours ahead of the Philip Hammond’s Spring statement Emma Wall, Senior International Editor for Morningstar spoke with Keith Wade, Chief Economist at Schroders to discuss the outlook for the UK economy.  

Chancellor Philip Hammond has delivered his inaugural Spring Statement with much of his speech a confirmation of policies announced in the Autumn Budget. Emma Wall gives us an overview next. 

Will Interest Rates Rise This Month? Emma Wall talks to JP Morgan's Mike Bell about the outlook for US jobs - and how that could impact interest rates on both sides of the pond

Why US jobs figures a data point for economists across the world? With employment figures out from the US this month. Ranthbones, Ed Smith discusses how US employment data can determine whether bonds or equities will outperform

Up next, Morningstar Investment Management's Dan Kemp speaks to Emma Wall about rising US bond yields and where he sees value for investors

US President Donald Trump has proposed trade tariffs on aluminium and steel. What do they mean for global stock markets? Nick Watson,  multi asset fund manager for Janus Henderson is up next to tell us more. 

Despite a significant stock market rally, Miton's David Jane says there are still investment opportunities in the US if you know how to find them

Our final guest on this month’s podcast is Killik & Co's Rachel Winter Who gives investors three ways to maximise their ISA allowance and legally reduce their tax bill ahead of the new tax year. 

Subscribe to our podcast on itunes:

https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2

http://www.morningstar.co.uk

Welcome to the podcast from Morningstar UK, the leading provider of independent investment research. This week we discuss the somewhat volatile start the markets have had in 2018, what investors should do during these periods of uncertainty and what opportunities there are during these times. 

Let’s get straight into our main topic, Emma Wall, senior editor for Morningstar.co.uk and Killik & Co's Rachel Winter discuss why stock market volatility is a good thing, and how investors can take advantage of the fall by viewing it as a buying opportunity.

Up next, Morningstar Investment Management's Dan Kemp urges investors to ignore the market noise and focus on their long-term goals. He offers 3 tips for riding out periods of stock market volatility. 

What are the Triggers for Stock Market Volatility? While it is near impossible to accurately predict stock market movements, there are warning signs investors can look for which could cause increased volatility says Tai Hui - Chief Asia Market Strategist, JP Morgan  

So how does one invest in a volatile market? Even though Global stock markets have made up the losses from earlier in the year, investors should prepare for increased volatility in 2018 warns our next guest, Thomas Poullaouec, Head of Multi Asset Solutions for T. Rowe Price.

Up next, Morningstar Investment Management's Cyrique Bourbon examines the recent poor performance of UK equity income fund manager Neil Woodford. What should investors holding Woodfords fund do? 

Market volatility can spring up pockets of opportunity, Russia for example has the potential to significantly outperform other stock markets and is currently 40% cheaper than other emerging markets. Cyrique Bourbon stays with us on the podcast to explain more. Another opportunity worth looking at is India. 

The International Monetary Fund has predicted India will drive global growth in 2018, and Prime Minister Modi has made bold promises. What does it mean for investors? Joshua Crabb, Head of Asian Equities of Old Mutual Global Investors is our final guest on today’s podcast and speaks with Emma wall on whether India can live up to Modi’s Hype.

Subscribe to our podcast on itunes:

https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2

http://www.morningstar.co.uk

Welcome to the podcast from Morningstar UK, the leading provider of independent investment research. This week we take a look at how the economy is fairing in 2017 and ask why you should care about environment, social and governance concerns when investing. Lets dive straight in to our interview with our first guest. Emma Wall, Senior Editor for Morningstar.co.uk speaks with Keith Wade, Chief Economist for Schroders, about the outlook for global economic growth and what threatens expansion.

With construction data looking weak, and UK GDP forecasts downgraded, should you be worried about the impact of slow growth on your portfolio? To discuss we have up next Tim Graf, Head of Macro Strategy, EMEA for State Street.

Economic growth may be downgraded and UK politics may be in turmoil but Britain's chief executives remain positive explains Phil Harris, Manager of the EdenTree UK Equity Growth Fund up next.

The further markets climb the fewer gains there are to be had. Morningstar Investment Management's Mike Coop says investors should be cautious and prepare your portfolio for turbulence.

When we make investments, financial return is of course very important to us but it is also important to consider the impact such investments may have on our world. Sustainable investing considers environmental, social and governance factors when going about trying to make financial gains.

 

Environmental issues could be the impact a company has on the environment or how it’s trying to improve the environment with, for example, renewable energy. Social factors include how a company deals with issues such as how fairly it treats and pays its workers, whether partners and suppliers have similar values to their own and governance issues encompasses how well the whole organisation is run from a board level.

Is the company accurate and transparent in its financial affairs? Is the company behaving fairly to its shareholders and allowing them to vote on important issues? Or is the company at risk to bribery and corruption?

Many people have this belief that investing in this way will lead to inferior returns but Peter Michaelis, Head of Sustainable Investing for Liontrust is up next to tell us why this is not always the case and that investors do not have to choose between ethics and profits

   

Can an ESG Fund Hold Energy and Tobacco Stocks? JP Morgan's Joanna Crompton is up next to explain her best in class approach to sustainable investing, and why all companies should be ESG compliable.

 

Our final guest on todays podcast is ESG investor Camilla Ritchie who runs the 7IM Sustainable Balance Fund. Camilla explains why she is upping her exposure to cash and alternatives as stocks and bonds start to look expensive

Subscribe to our podcast on itunes:

https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2

http://www.morningstar.co.uk