In the latest editions of the 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 Andrew McHattie, editor of the Investment Trusts Newsletter, and Craig Baker, lead manager of Alliance Witan (ALW).
You can listen to these podcasts in full on the audio players below. Alternatively, you can subscribe via our YouTube channel and most podcast platforms, including Apple Podcasts, Spotify, and Soundcloud. You can also 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.
If you enjoy the Investment Trusts Podcast, you may also find value in joining The Money Makers Circle. This membership scheme 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 Tritax Big Box REIT (BBOX). Future profiles include The Schiehallion Fund (MNTN) and Pershing Square Holdings (PSH). Our new expanded weekly subscriber email includes a comprehensive summary of all the latest news, plus the week’s biggest share price, NAV and discount movements. Subscribe and you will never miss any important developments from the sector. A subscription costs £12 a month, or £120 for one year with a two week free trial.
276: Andrew McHattie
0:00:46 – Consolidation and Henderson European Trust (HET)
0:05:56 – A bid for Warehouse REIT (WHR)
0:08:24 – The strategic review outcome at J.P.Morgan Indian Investment Trust (JII)
0:13:33 – Bellevue Healthcare Trust’s (BBH) shift to a zero discount policy
0:19:12 – A short break
0:20:18 – Middlefield Canadian Income’s (MCT) response to Saba Capital
0:27:19 – Regional REIT (RGL)
0:30:11 – HydrogenOne Capital Growth (HGEN)
0:33:02 – Chelverton UK Dividend Trust (SDV)
0:36:06 – Chrysalis (CHRY)
0:40:31 – Harmony Energy Income Trust (HEIT) and the battery storage sector
0:46:11 – Close
277: Craig Baker
0:00:52 – Navigating the tricky waters of the Trump administration
0:05:21 – Has the tariff threat been overstated?
0:08:21 – A concentrated market and the dominance of Big Tech
0:15:17 – AI in the portfolio and as an investment theme
0:19:59 – A short break
0:21:04 – Comparing the portfolio today versus a year ago
0:26:01 – Gearing, the discount, and the dividend
0:30:51 – The impact of the Alliance-Witan merger
0:33:16 – The trust as a consolidator
0:34:24 – Communicating with retail investors
0:36:48 – The potential move away from the US
0:37:59 – Close
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 more than 270 podcasts in the five years since launch.
Disclosures about the editor’s holdings of investment trusts can be found here. Our podcasts are also available on the Association of Investment Companies website (www.theaic.co.uk). The producer of the podcasts is the brilliant Ben Gamblin – more details on him here.