On the podcast this week On this week's podcast, I talk to a first time guest, Sachin Saggar, one of the investment trust analysts at Stifel, about the specialist areas he covers, which include renewables, infrastructure and shipping. Following that I make a return call to Ben Conway, the head of fund management at Hawksmoor Investment Management, about the state of play on cost disclosure following the industry campaign in which he has played a prominent part. We discuss two other issues - liquidity and industry consolidation, where he argues that all-share mergers will do little to tackle p...
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On the podcast this week On this week's podcast, I have one of my regular catch-ups on all the latest news in the investment trust sector with Andrew McHattie, the editor of the Investment Trusts newsletter. Because of a late scheduling change the final part of the podcast, a conversation with Laura Foll, co-manager with James Henderson of three UK investment trusts, will only now happen on Monday, and we will publish that the following day. A reminder that Simon Elliott, my original podcast co-host, will be making a second comeback appearance in two weeks time to mark our 200th episode and to...
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On the podcast this week On this week's podcast, I talk to Dan Higgins, recently appointed as the lead manager of Majedie Investments (MAJE), the family-backed global trust, which is seeking to attract new shareholders for the differentiated "liquid endowment" strategy which it adopted a year ago, and Prashant Khemka, manager of Ashoka India (AIE), the runaway best performer of the trusts which are capitalising on the strong recent performance of the Indian stock market. Looking ahead, I have tempted Simon Elliott, my original podcast co-host, to come back in a couple of weeks on the occasion ...
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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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