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 Gaurav Narain, lead manager at India Capital Growth Fund (IGC), and Elisabeth Stheeman, chair of Edinburgh Investment Trust (EDIN).
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242: Gaurav Narain
0:00:44 – The Indian economy since Modi’s re-election
0:03:06 – Implications from the US election result
0:04:12 – The bigger picture in India
0:06:12 – The interplay between the Indian and Chinese equity markets
0:11:12 – A short break
0:12:07 – Discussing the trust
0:14:18 – Debt, the portfolio criteria, and gearing
0:16:34 – A threat from passive funds?
0:18:52 – Retail investor sensitivity to volatility
0:20:04 – The size of the trust
0:21:04 – The change of ownership
0:22:45 – Why choose India Capital Growth?
0:25:24 – Close
Recorded: 18 November 2024
243: Elisabeth Stheeman
0:01:00 – The route to becoming an investment trust director
0:02:28 – Impressions of investment trust boards
0:04:59 – The change of manager at Edinburgh Investment Trust
0:20:10 – A short break
0:21:05 – Edinburgh Investment Trust today
0:24:10 – The trust’s discount and share buy backs
0:28:56 – Gearing policies
0:32:09 – Feelings about the current position in the market cycle
0:34:38 – The UK equity income sector, consolidation, and differentiation
0:40:58 – Close
Recorded: 07 November 2024
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.