In this week’s edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, speaks to Anthony Leatham, head of investment trust research at Peel Hunt, and Will Fraser-Allen, managing partner of Albion Capital and chairman of the Venture Capital Association.
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.
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Consolidation drive continues
0:03:00 – This week’s guests
0:03:40 – Money Makers Circle
0:04:11 – Corporate news and announcements
0:06:47 – Summary of results
0:09:13 – The Investment Trusts Handbook 2024
0:11:10 – Q&A with Anthony Leatham
0:16:41 – The cost disclosure issue
0:22:58 – Share buy backs
0:29:14 – Battery storage trusts
0:32:14 – Digital infrastructure
0:35:49 – Consolidation
0:39:23 – Q&A with Will Fraser-Allen
0:43:36 – Regulations around VCTs
0:46:30 – The outlook for VCT fundraising
0:48:33 – Characterising performance
0:54:06 – How to approach VCT investments
0:57:03 – Distinguishing between trusts
0:59:30 – The impact of the consumer duty and fees
1:03:56 – Current worries
1:04:58 – Best case outcomes
1:08:55 – Close
Trusts mentioned in this week’s podcast (with tickers) include:
- Abrdn Diversified Income and Growth (ADIG)
- Triple Point Energy Transition (TENT)
- GCP Asset Backed Income (GABI)
- Invesco Select (IVPU)
- J.P.Morgan China Growth and Income (JCGI)
- Henderson European Focus (HEFT)
- J.P.Morgan Indian (JII)
- Schroder UK Mid Cap (SCP)
- Polar Capital Global Healthcare (PCGH)
- J.P.Morgan Asian Growth and Income (JAGI)
- GCP Infrastructure (GCP)
- Polar Capital Technology (PCT)
- Montanaro European Smaller Companies (MTE)
- Taylor Maritime (TMI)
- J.P.Morgan European Discovery (JEDT)
- STS Global Income and Growth (STS)
- Miton UK Micro Cap (MINI)
- Ashoka WhiteOak Emerging Markets (AWEM)
- Gore Street Energy Storage (GSF)
- Global Smaller Companies Trust (GSCT)
- Worldwide Healthcare (WWH)
- Schiehallion (MNTN)
- Chrysalis (CHRY)
- Gresham House Energy Storage (GRID)
- Digital 9 Infrastructure (DGI9)
- European Opportunities Trust (EOT)
- Albion VCT (AAVC)
- Albion Development VCT (AADV)
- Albion Enterprise VCT (AAEV)
- Albion Technology and General VCT (AATG)
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.