Weekly Investment Trust Podcast with Jonathan Davis (10 Dec 2022)

Jonathan Davis, editor of the Investment Trusts Handbook, is joined in this week’s edition of the Money Makers Weekly Investment Trust podcast by Alastair Laing, co-manager of Capital Gearing Trust. Trusts mentioned this week (with tickers) include: Civitas Social Housing (CSH), Home REIT (HOME), LXI REIT (LXI), Value and Indexed Property (VIP), Hipgnosis Songs Fund (SONG), Schroder UK Mid Cap Investment Trust (SCP), Finsbury Growth and Income (FGT), Monks (MNKS), Securities Trust of Scotland (STS), Templeton Emerging Markets (TEM), Barings Emerging EMEA Opportunities (BEE), BlackRock Frontiers Investment Trust (BRFI). Section Timestamps: 00:39 - The Investment Trusts Handbook 02:23 - Capital Gearing Trust 03:33 - Q&A with Alastair Laing 04:36 - The thinking behind CGT's defensive stance 07:53 - Any significant changes at CGT? 10:48 - What would it take to start thinking about increasing equity and risk asset exposure? 14:04 - Could the US avoid a recession? 16:18 - Inflation cannot be won in one battle 18:32 - Danger of a wage-price spiral in the US? 20:05 - Opportunities from wide discounts in the investment trusts sector 21:56 - The rise of alternative assets 24:02 - Commercial property 30:24 - Music royalties 31:55 - Renewable energy trusts 35:13 - Equity markets, investment style, and small vs large cap 45:26 - Emerging markets, and the role of single country or specialist regional trusts in a portfolio 47:34 - The role of Japan in the portfolio 50:22 - Money Makers Circle 50:56 - Close If you enjoy the weekly podcast, you may also find value in joining The Money Makers circle. This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, market/portfolio reviews and regular extracts from the editor's notebook. In addition to the regular features, this week the Circle features a profile of the JPMorgan Global Core Real Assets Trust (JARA). For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 130 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin.