In the latest edition 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 Richard Pindar, co-founder and CEO of Literacy Capital (BOOK).
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293: Richard Pindar
0:00:50 – A difficult period for private equity
0:05:55 – The BOOK difference
0:10:11 – The trust’s re-rating and widening discount
0:14:31 – The Velociti deal
0:19:20 – A short break
0:20:26 – Rebalancing towards existing investments
0:22:39 – Increasing the management fee
0:24:59 – Return of capital
0:27:58 – The portfolio
0:33:01 – The UK as an economy
0:37:59 – Making the case for BOOK
0:42:40 – Close
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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.