Simon Edelsten is a fund manager at Artemis and has been managing the Mid Wynd investment trust since 2014 with two colleagues, Alex Illingworth and Rosanna Burcheri. After graduating from Trinity College, Oxford, he joined Phillips & Drew in 1985 and moved to Dresdner Kleinwort Benson in 1997 as head of European equity sales. From there he went to the boutique investment firm Taube Hodson Stonex (THS) in 2001 with joint responsibility for global equities in a five-man team. He joined Artemis in 2011. The firm won the mandate to manage Mid Wynd, whose origins date back to the nineteenth ce...
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This is our weekly roundup of investment trust announcements and data. The data on the week's biggest gainers, losers and discount changes is at the end. Obviously you won't want to follow up on most of the links, but if there are trusts you are interested in, the links will take you to the relevant London Stock Exchange announcement. Simon Elliott and I will continue to discuss the most interesting ones in the weekly Money Makers investment trust podcast. Please note that the charts and performance data were correct as of Friday (not Saturday) morning.
Announcements Monday Renewabl...
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Jonathan Davis Most weeks I aim to provide some short extracts from my weekly diary, highlighting interesting research and other odds and ends that I have read, heard or noted. Some will relate to specific stocks, others to more general market phenomena. There will also be will be a summary of investment trust news and data every weekend, regular market and portfolio reviews and notes on Q and As with leading professional contacts of mine.
New Year tips I cannot resist kicking off the diary with this nice cartoon which I have stolen from a post by the always good value American fund manager ...
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Jonathan Davis Most weeks I aim to provide some short extracts from my weekly diary, highlighting interesting research and other odds and ends that I have read, heard or otherwise noted. Some will relate to specific stocks, others to more general phenomena. This will be supported by a separate more practical summary of investment trust news and data and regular Q and As with leading professional contacts of mine.
End of year reflections Now that the results for the year are in, it is time to take a final look at the performance of the last 12 months, which I am sure we can all agree has been...
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Some thoughts on markets and investment trust performance. My own thoughts will alternate with more Q and As with leading professional investors in the weeks ahead.
Too much bullishness I wrote this heading before the weekend news of the new virus strain spreading rapidly across the UK, which has resulted in new lockdown measures, travel restrictions inside the country and the banning of travel to many Continental countries. For the UK in particular, still crawling in crablike fashion towards the end of the Brexit transition period without as yet putting a signature to an EU trade deal, this...
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Jonathan Davis It is still early days for the premium content Money Makers circle, as I am still experimenting to find the right mix of content, and testing the mailout software, but this week my general thoughts are as follows. This is a link to a separate interview with Simon Barnard, manager of the Smithson investment trust.
Latest thoughts Short term the equity markets generally look overbought, so vulnerable to a correction, but that may well be trumped over the next couple of weeks by the normal end of year rally as fund managers spring clean their portfolios and try to add a few of the...
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For premium subscribers we periodically do podcast interviews with fund managers and analysts about current market conditions and funds (occasionally shares) that we invest in. This one is with Simon Barnard, co-founder and co-manager of the Smithson investment trust which has been in the Money Makers model investment trust portfolio since its launch in 2018 and has performed strongly since then. The transcript is a lightly edited version of the original 40-minute podcast recording.
Welcome Simon. How has the two year experience that you’ve had as a listed investment trust, in terms of the ...
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For the purpose of full disclosure, this page lists the personal holdings of Jonathan Davis and Stuart Watson. You may also be interested in Jonathan's list of favourite funds across the whole trust sector.
Jonathan Davis This is a list of the investment trusts in which I currently have a personal shareholding (updated to December 2025). My family members also own some other investment trusts, which are not included here. Update (January 2024): It is important to note that after a decade of high equity exposure, for most of 2022 and 2023, my holdings were heavily biased towards cash, defensiv...
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