In this week’s two-hundredth edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, reviews the week in the markets and speaks to Simon Elliott, client director at J.P.Morgan Asset Management and former podcast co-host, and Mark Dampier, former head of research at Hargreaves Lansdown and non-executive director at Invesco Select (IVPU).
Jonathan and Simon will both be appearing at this year’s Master Investor Show being held in London on Saturday 09 March 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, 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 Bankers Investment Trust (BNKR). Future profiles include CC Japan Income & Growth (CCJI) and Majedie Investments (MAJE). 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 £12 a month, or £120 for one year with a two week free trial.
The two-hundredth edition!
01:38 – Review of the week
03:23 – Corporate news, announcements, and results
05:49 – Money Makers Circle
06:36 – Q&A with Simon Elliott and Mark Dampier
10:22 – Fighting fires
14:01 – Cyclicality and the target market for investment trusts
16:41 – Investment trust advantages
21:39 – Issued raised by the performance of investment trusts
29:13 – Parallels between 2000 and today
34:26 – Alternatives
37:57 – Presentation of investment trusts in the media
43:03 – Solving the IPO problem
45:36 – The number of trusts
48:49 – Mark’s investment trust holdings
49:54 – Master Investor Show
50:11 – Close
Trusts mentioned in this week’s podcast (with tickers) include:
- Cordiant Digital (CORD)
- Regional REIT (RGL)
- J.P.Morgan Global Growth and Income (JGGI)
- Murray International (MYI)
- Midwynd (MWY)
- Smithson (SSON)
- European Opportunities (EOT)
- Law Debenture (LWDB)
- Abrdn UK Smaller Companies (AUSC)
- Tritax Big Box (BBOX)
- Greencoat UK WInd (UKW)
- The Renewables Infrastructure Group (TRIG)
- Bluefield Solar (BSIF)
- Aquila European Renewables (AERI)
- Digital 9 Infrastructure (DGI9)
- Abrdn Diversified Income and Growth (ADIG)
- Downing Strategic Micro-Cap (DSM)
- J.P.Morgan European Discovery (JEDT)
- Hipgnosis Songs Fund (SONG)
- Home REIT (HOME)
- CC Japan (CCJI)
- Greencoat UK Wind (UKW)
- Capital Gearing Trust (CGT)
- Personal Assets Trust (PNL)
- Ashoka India (AIE)
- City of London (CTY)
- Temple Bar (TMPL)
- Edinburgh Investment Trust (EDIN)
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 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.