In the latest editions of the Money Makers investment trust podcast released this week, Jonathan Davis, editor of the Investment Trusts Handbook and winner of the 2024 AIC Best Broadcast Journalist Award, is joined by Nick Train, manager of Finsbury Growth and Income Trust (FGT), and Andrew McHattie, editor of the Investment Trusts Newsletter.
You can listen to these podcasts in full on the audio players below. Alternatively, you can subscribe via our YouTube channel, and at most podcast platforms including Apple Podcasts, Spotify, and Soundcloud; and you can find us listed on The AIC’s Podcast Directory. We are grateful to J.P. Morgan Asset Management, whose no-strings support enables us to keep the podcast free and our editorial integrity intact.
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258: Nick Train
0:01:22 – The underperformance of the past three to four years
0:08:02 – Structural issues around the UK market
0:12:36 – Valuations of companies
0:20:12 – A short break
0:21:07 – Reacting to disappointments
0:22:41 – Thinking on Diageo and Burberry
0:25:34 – Executive remuneration
0:26:36 – Wide discounts, buybacks, and the impact of the current environment
0:29:46 – Messages from shareholders
0:32:44 – The case for investing in Finsbury Growth and Income
0:35:56 – Close
259: Andrew McHattie
0:00:39 – A new IPO
0:05:04 – What can be done to bring in alternative assets’ discounts?
0:08:19 – Saba Capital’s continuing campaign
0:15:04 – Herald and the upcoming continuation vote
0:18:16 – Reactions from boards of alternatives trusts
0:26:29 – A short break
0:27:25 – Infrastructure trusts
0:33:57 – Private equity
0:39:12 – Consolidation in the equity sector
0:44:57 – BlackRock World Mining
0:47:09 – Final thoughts on Trump and interest rates
0:48:17 – Close
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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.