Jonathan Davis and Simon Elliott of Winterflood Securities review the week
The week in the markets featured a dramatic further fall in the price of oil, prompted by a collapse in demand following the global pandemic lockdown. In the latest episode of our new weekly podcast series, dedicated exclusively to investment trusts, Jonathan Davis and Simon Elliott, head of investment trust research at Winterflood Securities, review the key weekly movements in share prices, NAVs and discounts and discuss the impact of the oil price fall on the trust sector. Topics covered include: BP and Shell’s importance to the equity income sector, the impact on energy trusts, updates from several “dividend heroes”, and more news from property and private equity companies. Popular trusts mentioned include Merchants, F&C, Alliance Trust, JPMorgan Claverhouse and Temple Bar.
These podcasts are part of a new series of regular interviews with leading figures in the investment world, brought to you by the Money Makers team. We are an independent research and publishing venture committed to providing high quality investment information and resources. You can sign up here to be notified about the latest podcasts in our new weekly series, which are currently free to air. Or you can subscribe on iTunes, Soundcloud and other podcast services. You can find an archive of former podcasts elsewhere on this site. By joining our mailing list, you can make sure you are notified every time a new podcast is ready.
Jonathan Davis started his career as a financial journalist on The Times, Sunday Telegraph and The Independent before qualifying as a professional investor. He is a Member of The Chartered Institute for Securities and Investment and the author of several books on stock market investment, as well as editor of the annual Investment Trusts Handbook and a senior adviser at Saunderson House.
Head of investment trust research, Winterflood Securities
Simon Elliott has covered the investment trust sector since 2002 when he joined Winterflood Securities. Since 2008 he has headed the research team, which has been highly rated in subsequent Extel Surveys. Simon started his career with PWC, qualifying as a chartered accountant in 1998, before working in industry for three years. He completed a MBA with the Cranfield School of Management in 2002.