In this week’s edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, talks to Anthony Leatham, head of investment trust research at Peel Hunt, and Tim Levene, CEO of Augmentum Fintech (AUGM).
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, and others. For any listeners who have subscribed via Stitcher, please note that service has announced it will be discontinued. Please resubscribe through one of the other channels.
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Interest rates dominate again
00:29 – Review of the week
01:42 – This week’s guests
03:13 – The week’s performance
04:12 – Money Makers Circle
04:47 – News, announcements, and results
07:46 – Q&A with Anthony Leatham
11:56 – The broking business
14:06 – Factors involved in derating investment trusts
15:49 – Infrastructure and renewables
19:28 – Trusts sensitive to bond yield changes
22:47 – Battery storage sector
25:52 – Trusts sending distress signals
27:51 – M&A possibilities
32:04 – Q&A with Tim Levene
34:30 – Performance over five years
41:16 – Investor scepticism about private equity
45:04 – Views on the current environment
47:37 – Artificial Intelligence
50:14 – The portfolio
52:23 – Investment structure
53:40 – Close
Trusts mentioned in this week’s podcast (with tickers) include:
- Augmentum Fintech (AUGM)
- Oryx International (OIG)
- Schroder British Opportunities (SBO)
- Abrdn Private Equity Opportunities (APEO)
- Geiger Counter (GCL)
- 3i Infrastructure (3IN)
- Gore Street Energy Storage (GSF)
- Civitas Social Housing (CSH)
- RTW Biotech Opportunities (RTW)
- Edinburgh Worldwide (EWI)
- Greencoat UK Wind (UKW)
- Triple Point Energy Transition (TENT)
- Atrato Onsite Energy (ROOF)
- Digital 9 Infrastructure (DGI9)
- Pantheon Infrastructure (PINT)
- Sequoia Economic Infrastructure (SEQI)
- Bluefield Solar (BSIF)
- Gresham House Energy Storage (GRID)
- HICL Infrastructure (HICL)
- NextEnergy Solar Fund (NESF)
- Octopus Renewables Infrastructure (ORIT)
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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.