Fund manager Charlie Morris gives his expert views
In the latest Money Makers podcast, Jonathan Davis is joined by fund manager Charlie Morris, who runs multi-asset portfolios for Newscape Capital, edits the Fleet Street Letter and has a special interest in gold and currencies, something he writes about regularly in his excellent free newsletter Atlas Pulse.
After a wild ride that has seen gold rise from under $300 an ounce at the start of the century to a peak of $1,900 in 2012, then nearly halve to around $1,000 in 2015, the precious metal is on the move again and is now back trading in the $1,250 to $1,300 range. Is that good or bad value? How much gold should investors have in their portfolios? What is the best way to invest in it? Where is the price headed next? Morris shares his expert thoughts and for good measure throws in his views on equities and bonds as well.
These podcasts are the latest in a series of free regular interviews with prominent figures in the investment world, brought to you by Money Makers. You can sign up here to be notified about the next podcasts in the series, which are free to air – or subscribe on iTunes and other podcast services. Jonathan Davis, the founder of Money Makers, is also the founder of Independent Investor, a sister publishing and newsletter business. An active professional investor, he is a Senior Adviser at Saunderson House, a Member of the Chartered Institute for Securities and Investments and the author of several books about professional investors. More details at www.independent-investor.com.
After a career as an officer in the Grenadier Guards, Charlie spent 17 years as the Head of Absolute Return at HSBC Global Asset Management, managing more than £3 billion in client funds. Between 2003 and 2015 his fund made a cumulative return of more than 100%. He is widely known and respected for his specialist interest in gold, crypto-currencies and momentum investing. As well as his Atlas Pulse newsletter, he has made over 200 appearances as a guest expert on financial television programmes and was recently appointed the editor of the Fleet Street Letter.