Money Makers podcast: 03 Aug 2024
In this week’s edition of the Weekly Investment Trust Podcast, Jonathan Davis remains on holiday, so Stuart Watson fills in once again, providing the latest news and events from the past week. Despite the break, Jonathan still had the opportunity to speak with Denis Jackson and Laura Foll from Law Debenture (LWDB), the UK equity income trust.
The podcast itself will take a short break next week, but is scheduled to return with the next edition on Saturday 17 August 2024.
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, the Money Makers YouTube channel, and others. We are grateful for the support of J.P. Morgan Asset Management, which enables us to keep the podcast free.
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. Due to the August break there is no new fund profile available this week, but you can look forward to future profiles including Oryx International Growth (OIG) and the Edinburgh Investment Trust (EDIN). Look out for the latest edition of our new expanded weekly subscriber email which summarises Jonathan’s latest thoughts and includes a comprehensive summary of all the latest news. The content of that email is also available for subscribers via the website. A subscription costs £12 a month, or £120 for one year with a two week free trial.
Fed holds rates while the Bank of England cuts
0:00:56 – Review of the week
0:02:24 – Summary of results
0:04:23 – Corporate news and announcements
0:06:25 – Money Makers Circle and a short break for the podcast
0:06:51 – Q&A with Denis Jackson and Laura Foll
0:14:19 – Procyclicality of the business
0:17:31 – Sustainability of performance
0:20:57 – The result of the election
0:26:41 – Taking advantage of trading at par
0:27:36 – Share register trends
0:29:23 – Law Debenture’s part in consolidation
0:30:05 – The main risks
0:34:07 – Comparing LWDB, LWI, and HOT
0:37:06 – Missing out on being an AIC Dividend Hero
0:38:03 – Close
Trusts mentioned in this week’s podcast (with tickers) include:
- Taylor Maritime (TMI)
- MIGO Opportunities (MIGO)
- Invesco Asia (IAT)
- BlackRock Throgmorton (THRG)
- Herald (HRI)
- Law Debenture (LWDB)
- Alliance Trust (ATST)
- Finsbury Growth & Income (FGT)
- JPMorgan European Discovery (JEDT)
- Bluefield Solar Income (BSIF)
- Baillie Gifford Japan (BGFD)
- AVI Global (AGT)
- Pershing Square Holdings (PSH)
About Money Makers
We are an editorially 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 220 podcasts in the over four 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.
Latest Money Makers podcasts
Money Makers podcast: 20 Feb 2024
In the second part of the latest edition of the Weekly Investment Trust Podcast (released on Saturday 17 February), Jonathan Davis, editor of the Investment Trusts Handbook, speaks to Laura Foll, co-manager to a number of Henderson trusts.
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, Google, and others, including now the Money Makers YouTube channel. We are grateful for the support of J.P. Morgan Asset Management, which enables us to keep the podcast free.
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 usual features, the Circle features a profile of J.P.Morgan Indian (JII). Future profiles include MIGO Opportunities (MIGO) and the Bankers Investment Trust (BNKR). Remember to look out for the latest edition of our new expanded weekly subscriber email which summarises Jonathan’s latest thoughts along with a new list of his favourite funds, and includes all the regular features available in the Circle. The content of that email is also available for subscribers via the website. A subscription costs £8 a month, or a modest £2 a week.
Q&A with Laura Foll
00:57 – Mergers and acquisitions and the state of the UK equity market
04:18 – The need for fundamental reform
11:17 – The AIM market
14:14 – The IPO drought
15:52 – Looking at the portfolios
20:11 – Companies to be cheerful about
23:52 – Close
About Money Makers
We are an editorially 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 nearly 200 podcasts in the almost four 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.