In this week’s edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, reviews the week in the markets and speaks to Richard Hulf, co-founder and managing partner of HydrogenOne Capital (HGEN), this week’s best performing trust, and Joseph Rowland, fund analyst at Investec/Rathbones.
You can listen to this week’s podcast in full on the audio players below. Alternatively, you can subscribe and download it on most podcast channels including Soundcloud, Apple, Spotify, Google, and others, including now the Money Makers YouTube channel. We are grateful for the support of J.P. Morgan Asset Management, which enables us to keep the podcast free.
If you enjoy the weekly podcast, you may also find value in joining The Money Makers Circle. This is a membership scheme that offers subscribers an opportunity to receive additional premium content, including interviews, investment trust performance data, market/portfolio reviews and regular extracts from the editor’s notebook. This week, as well as the usual features, the Circle features a profile of Henderson High Income (HHI). Future profiles include CQS Natural Resources Growth and Income (NCIM) and RTW Biotech Opportunities (RTW). Look out for the latest edition of our new expanded weekly subscriber email which summarises Jonathan’s latest thoughts including some of his most recent trust purchases, and includes a comrehensive summary of all the latest news. The content of that email is also available for subscribers via the website. A subscription costs £12 a month, or £120 for one year with a two week free trial.
Prices and discounts on the move
0:02:58 – This week’s guests
0:03:51 – Summary of results
0:04:46 – Money Makers Circle
0:05:07 – Corporate news and announcements
0:09:08 – Q&A with Richard Hulf
0:14:48 – Why hydrogen?
0:19:44 – Availability of funds
0:22:34 – ESG
0:24:17 – Share price volatility
0:26:23 – Choosing to list in the UK
0:29:28 – Q&A with Joseph Rowland
0:33:04 – The impact of cost disclosure
0:35:42 – The size of the universe
0:39:34 – Factoring in discounts
0:42:41 – Sectors of interest
0:47:34 – Scottish Mortgage Trust (SMT)
0:49:23 – BH Macro (BHMG)
0:51:19 – Close
Trusts mentioned in this week’s podcast (with tickers) include:
- HydrogenOne Capital Growth (HGEN)
- 3i Infrastructure (3IN)
- ICG Enterprise (ICGT)
- 3i Group (III)
- North Atlantic Smaller Companies (NAS)
- ICG Longbow Senior Secured UK Property Debt (LBOW)
- Ashoka WhiteOak Emerging Markets (AWEM)
- Asia Dragon Trust (DGN)
- Hipgnosis Songs Fund (SONG)
- Aquila European Renewables (AERI)
- North American Income (NAIT)
- Rights and Issues Trust (RIII)
- Triple Point Social Housing (SOHO)
- Scottish Mortgage Trust (SMT)
- HgCapital Trust (HGT)
- Pantheon International (PIN)
- HarbourVest Global Private Equity (HVPE)
- Nippon Active Value Fund (NAVF)
- Baillie Gifford Shin Nippon (BGS)
- BH Macro (BHMG)
About Money Makers
We are an editorially independent research and publishing venture committed to providing high-quality investment information and resources. You can sign up below to be notified about the latest podcasts by email as soon as they become available. Please note that the podcasts should not be regarded as personal financial advice, but are provided for information and background only. We are very grateful for your continued support and the enthusiastic response to our 210 podcasts in the four years since launch.
Disclosures about the editor’s personal holdings of investment trusts can be found here. Our podcasts are also available on the Association of Investment Companies website (www.theaic.co.uk) and Doceo (doceo.tv). The producer of the podcasts is the brilliant Ben Gamblin – more details on him here.