In the latest editions of the Money Makers investment trust podcast released this past week, Jonathan Davis, editor of the Investment Trusts Handbook and winner of the 2024 AIC Best Broadcast Journalist Award, was joined by Ben Conway, head of fund management at Hawksmoor Investment Management, Nick Greenwood, manager of the MIGO Opportunities Trust (MIGO), and Evy Hambro, manager of the BlackRock World Mining Trust (BRWM).
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231: Ben Conway and Nick Greenwood
0:01:47 – A note on jargon
0:02:54 – Context of this week’s treasury announcement
0:11:29 – Good news for the investment trusts sector
0:14:20 – An unexpected announcement
0:18:34 – Correlation between interest rates and changing discounts
0:21:12 – A short break
0:22:08 – Assessing fees on market cap
0:26:51 – Looking for opportunities in discounts
0:27:38 – Consolidation, supply, and trust sizes
0:37:14 – The wider world
0:39:51 – Recent changes to the MIGO portfolio
232: Evy Hambro
0:06:12 – AI and commodities
0:10:04 – The impact of the dollar
0:11:38 – A short break
0:12:33 – M&A activity
0:17:51 – Talking about the Trust (BRWM)
0:19:19 – Assumptions over the past two years that didn’t work out
0:22:48 – The dividend
0:24:47 – The share price and the discount
0:25:37 – Valuations
0:27:44 – Close
About Money Makers
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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.