Money Makers podcasts: 02 Nov 2024
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 Prashant Khemka, manager of Ashoka WhiteOak Emerging Markets Trust (AWEM) and the Ashoka India Equity Trust (AIE), and Peter Spiller, manager of Capital Gearing Trust (CGT).
You can listen to these podcasts in full on the audio players below. Alternatively, you can subscribe via our YouTube channel, and at most podcast platforms including Apple Podcasts, Spotify, and Soundcloud. We are grateful to J.P. Morgan Asset Management, whose no-strings support enables us to keep the podcast free and our editorial integrity intact.
If you enjoy the Investment Trusts 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 CQS New City High Yield (NCYF). Future profiles include Manchester and London (MNL) and Temple Bar (TMPL). 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.
236: Prashant Khemka
0:01:13 – Thoughts on the Asia Dragon merger with Invesco Asia
0:04:28 – Emerging markets in general
0:11:37 – The significance of China in emerging markets
0:15:30 – Thc characterisation of value in India and China
0:19:33 – A short break
0:20:28 – Why own a global emerging markets trust over just an Indian trust?
0:22:00 – Volatility of the Indian and Chinese markets
0:27:12 – The US election
0:29:21 – How geopolitics might impact on India
0:31:18 – The impact of cost disclosure
0:32:58 – The case for investing in this trust over others in emerging markets
0:34:48 – Close
237: Peter Spiller
0:00:36 – The Budget in general
0:07:10 – Inheritance tax and the non-dom status
0:08:37 – Farming
0:11:32 – Tax changes for savings and investments
0:12:48 – A short break
0:13:44 – Overall picture for the UK market
0:17:17 – Gilts
0:19:30 – US Presidential election
0:22:19 – Context on what is seen around the world
0:24:36 – 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 more than 230 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: 10 Feb 2024
In this week’s edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, reviews the week in the markets and speaks to Prashant Khemka, advisor to the Ashoka India Equity Investment Trust (AIE), and Dan Higgins, lead manager of Majedie Investments (MAJE).
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 Schroder UK Mid Cap (SCP). Future profiles include J.P.Morgan Indian (JII) and MIGO Opportunities (MIGO). 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.
A quiet but positive week
0:01:10 – Looking ahead to Episode 200
0:01:38 – Review of the week
0:02:46 – Corporate news and announcements
0:04:17 – Money Makers Circle
0:04:55 – Q&A with Prashant Khemka
0:06:02 – The investment style
0:09:53 – Reasons to invest in India
0:20:53 – Value in the Indian stock market
0:25:38 – Macro level risks
0:30:53 – The performance of the trust
0:33:17 – Looking ahead
0:35:24 – The launch of the second WhiteOak trust
0:37:47 – Q&A with Dan Higgins
0:40:58 – The approach
0:48:27 – The dividend policy
0:49:42 – Fees
0:54:57 – Objectives
0:59:54 – Outside shareholder perceptions
1:04:21 – Volatility
1:06:31 – The position in corporate credit
1:10:15 – The driver of excess returns
1:12:50 – Close
Trusts mentioned in this week’s podcast (with tickers) include:
- Invesco Select Trust (IVPU)
- Invesco Bond Income Plus (BIPS)
- Hipgnosis Songs Fund (SONG)
- Digital 9 Infrastructure (DGI9)
- Riverstone Energy (RSE)
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.