Multi-Manager People Podcast

We explore income investing and innovation – two connected themes you may not ordinarily associate with Chinese equities. But Liontrust Asset Management’s pairing of Storm Uru and James Dowey do - they explain why they expect China to be remain a hotbed of innovation and the exciting opportunities this dynamic will create. We also chat the Beijing Olympics with behind-the-scenes insight from Storm.

It’s results day for Ryan Grabinski of Strategas Research Partners and our very own Anthony Willis as we score the accuracy of their 2021 predictions with the benefit of hindsight! 

Did either foresee how the world would deal with an ongoing pandemic? Did either flag bumper market returns in advance?  As well as finding out who’s top (and bottom!) of the class we cast our eyes forward at the prospects for 2022.

We had a few technical difficulties in this recording... we hope you enjoy nonetheless!

This time round Adam and Kelly chat to Mark Holman of TwentyFour Asset Management – a fixed income boutique launched in 2008, during the global financial crisis. Not an auspicious starting point you may think but assets have grown from £50m to around £22bn. We talk about the way they approach fixed income investing, the business’s growth and TwentyFour’s place today as a boutique within Vontobel Asset Management.

Our Building a Boutique series continues as Adam and Catherine chat to Iván Martin of Madrid based Magallanes Value Investors. There’s a surprising lack of boutiques across Europe and we explore why that may be. And was it Spain’s era of global exploration that inspired Magallanes’ name? We hear contrasting views and learn how Iván really takes his work home by applying value investing disciplines in all walks of life.

With world leaders set to gather in Glasgow for COP26, Adam chats with BMO’s Climate Strategist and former Downing Street adviser Vicki Bakhshi. 

Will governments commit to the actions necessary to tackle the climate crisis and limit global warming to 1.5 degrees? And what will be the implications of policies driving the transition to net zero on our lives in the coming years?

In the second installment of our ‘Building a Boutique’ mini-series, we catch up with Jim Robillard, founder of Spyglass Capital Management, a US Small and Mid-Cap investment firm based in California.

Jim discusses his Day One ambitions for the firm as well as his decision to set the company up at a larger-than-most level from inception.

We also chat Jim’s investment origins with some investors we are very familiar with, how his son came up with the firm name, and why he is as confident as ever that business disruption is here to stay.

And if you like what you hear, listen back to previous podcasts and subscribe for more!

Welcome to the first in our 'Building a Boutique' mini-series! In these candid chats, we ask boutique founders their deepest secrets - motivations, mistakes and triumphs - and how each of these have helped to shape the successful businesses they run today.

As multi-manager investors, we not only need to discover the best fund managers in the industry, but we need to learn about the conditions and environment that keeps these managers incentivised to perform. Often, we find these intangible qualities in small, privately or partner-owned businesses, known as boutiques.

In our first episode, we catch up with Charles Montanaro and Cedric Durant des Aulnois on how their boutique, Montanaro Asset Management, was launched and how they built the business to manage £3.5bn of client assets.

This month, Kelly and Adam play 'Truth or Myth' with Omotunde Lawal and Kawtar Ed-Dahmani of Barings Emerging Market Debt team. Tune in for their perspectives on which stereotypes are fairy-tale and which are real challenges of fixed income investing in the emerging markets.

Time for something a bit different as Adam and Anthony chat with former US Ambassador to Germany, John Emerson.

John formed part of the Obama-Biden administration, so is able to offer real insight into the aims and ambitions of President Biden's economic agenda, the USA's rapprochement to global organisations and why the Democrats may soon only get 'Mom and apple pie' through Congress.

The conversation was a really exciting one for the two political nerds on the Multi-Manager People team and we think you'll enjoy the fascinating glimpses into West Wing goings on too.

In this month's podcast, Adam and Paul chat with Clive Beagles, manager of JO Hambro UK Equity Income fund. Find out why Clive believes the performance of the UK economy has been staggeringly good this year, the rotation from growth to value has barely started and, as a former professional sportsman, he is content playing in the local cricket 3rd XI.