In this week’s edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, is joined by Simon Edelsten, manager of the Mid Wynd International Investment Trust (MWY). Jonathan also spoke to Paul and Richard Pindar, respectively the chairman and CEO of Literacy Capital (BOOK).
Jonathan is on holiday over the coming couple of weeks, but the podcast continues with pre-recorded interviews this week and next, with Stuart Watson providing the summary of the week’s announcements and results.
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, Stitcher and others.
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 regular features, the Circle features a profile of the Mercantile Trust (MRC). This will be followed by a profile of HydrogenOne Capital Growth (HGEN). A subscription costs £8 a month, or a modest £2 a week.
UK stock market continues its downward trend
0:00:29 – This week’s guests
0:02:07 – Money Makers Circle
0:02:39 – Next week
0:03:26 – Summary of announcements and results with Stuart Watson
0:11:47 – Q&A with Simon Edelsten
0:17:56 – The situation with respect to interest rates
0:26:22 – Fear of missing out
0:29:37 – Japan
0:36:06 – Europe
0:38:45 – The UK
0:39:43 – Looking ahead
0:41:45 – Simon’s plans
0:43:26 – Q&A with Paul and Richard Pindar
0:49:33 – The first quarter of 2023
0:54:47 – Reducing exposure to growth capital
0:58:35 – Reduction in gearing
1:01:06 – The UK
1:03:05 – Close
Trusts mentioned in this week’s podcast (with tickers) include:
- Edinburgh Investment Trust (EDIN)
- CT UK High Income (CHI)
- Odyssean (OIT)
- TR Property (TRY)
- AVI Global (AGT)
- JPMorgan Japanese (JFJ)
- Home REIT (HOME)
- Aquila European Renewables (AERI)
About Money Makers
We are an 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 over 160 podcasts in the more than three 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.