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Money Makers

Weekly Investment Trust Podcast with Jonathan Davis (24 Dec 2022)

Dec 24, 2022
01:03:34
Jonathan Davis, editor of the Investment Trusts Handbook, is joined in this week’s edition of the Money Makers Weekly Investment Trust podcast by Peter Hewitt, manager of the CT Global Managed Portfolio Trust (CPMG/CPMI). Trusts mentioned this week (with tickers) include: Majadie Investment Trust (MAJE), JPMorgan Indian Investment Trust (JII), Ecofin Global Utilities and Infrastructure Trust (EGL), Aberdeen Diversified Income and Growth (ADIG), Chenavari Toro Income Fund (TORO), Artemis Alpha (ATS), MIGO Opportunities Trust (MIGO), Atlantis Japan Growth (AJGF), Civitas Social Housing (CSH), Triple Point Social Housing (SOHO), VPC Speciality Lending (VSL), NB Global Monthly Income (NBMI), TwentyFour Income Fund (TFIF), Biopharma Credit (BPCR), GCP Asset Backed Income (GABI), Home REIT (HOME), Scottish Mortgage Investment Trust (SMT), HG Capital Trust (HGT), Fidelity Special Values (FSV), Law Debenture (LWDB), Finsbury Growth and Income (FGT), BH Macro (BHMG), Ruffer Investment Company (RICA), Personal Assets Trust (PNL), Capital Gearing Trust (CGT), Aurora Investment Trust (ARR), Bellevue Healthcare (BBH), HBM Healthcare Investments (SWX:HBMN), BB Biotech (SWX:BION), Biotech Growth Trust (BIOG), International Biotechnology Trust (IBT), Princess Private Equity (PEY), Apax Global Alpha (APAX), Greencoat UK Wind (UKW), Hipgnosis Songs Fund (SONG), Round Hill Music Royalty Fund (RHM). Section Timestamps: 0:00:35 - Recapping the week 0:02:00 - Summarising results 0:05:41 - Corporate news 0:08:10 - Money Makers Circle 0:09:00 - Q and A with Peter Hewitt 0:09:56 - How has the year been? 0:14:22 - How does this bear market compare to the past? 0:17:14 - Growth versus income 0:19:54 - Will next year see the bottom of the recession? 0:23:25 - The investment trust sector 0:24:10 - Winding up trusts: a healthy development? 0:25:56 - Has Peter invested in a debt fund? 0:28:06 - Social housing trusts 0:35:28 - Discounts and discount controls 0:39:48 - The growth portfolio 0:44:54 - The income portfolio 0:49:47 - Managing currency risk 0:51:57 - Underlying discount on the portfolio 0:55:50 - Music royalty trusts 1:00:20 - Looking forward to next year 1:01:48 - Investment Trusts Handbook 1:02:43 - 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 JLEN Environmental (JLEN), along with notes from Jonathan on the markets 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 nearly 140 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.

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