Weekly Investment Trusts Podcast - with Nick Greenwood and Merryn Somerset Webb (20 Jun '23)

In this week's edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, talks to Nick Greenwood, manager of the MIGO Opportunities Trust (MIGO) and Merryn Somerset Webb, columnist and podcaster at Bloomberg and former editor of MoneyWeek. Section Timestamps: 0:00:29 - Review of the week 0:03:47 - This week's guests 0:04:20 - Summary of results 0:11:17 - Money Makers Circle 0:12:03 - Q&A with Nick Greenwood 0:12:21 - Investment trusts sector continues to languish 0:15:01 - Retail investor perceptions 0:16:47 - Effect of bond yields on demand 0:17:37 - Consolidation 0:18:43 - Alternative assets 0:19:32 - Renewable energy 0:24:41 - Private equity 0:26:30 - Equity markets 0:28:51 - Portfolio activities 0:32:28 - UK equity market 0:35:11 - Q&A with Merryn Somerset Webb 0:35:35 - Working for Bloomberg 0:36:40 - Thoughts on the investment trust sector 0:38:29 - Accuracy of price signals 0:43:29 - Baillie Gifford 0:46:42 - The role of the board in corporate governance 0:49:12 - Women on investment trust boards 0:51:27 - Challenges to investment trusts 0:53:10 - UK equities 0:57:41 - Advice for private investors 1:02:17 - Close Trusts mentioned this week (with tickers): Personal Assets Trust (PNL), Lindsell Train Investments (LTI), Templeton Emerging Markets (TEM), Baillie Gifford UK Growth (BGUK), Syncona (SYNC), Biotech Growth Trust (BIOG), JLEN Environmental (JLEN), Custodian Property Income Trust (CREI), Atrato Onsite Energy (ROOF), Foresight Sustainable Forestry (FSF), Industrials REIT (MLI), Aquila European Renewables (AERS), Oakley Capital Investments (OCI), NB Private Equity (NBPE), Nippon Active Value Fund (NAVF), Abrdn Japan Investment Trust (AJIT), AVI Japan Opportunity Trust (AJOT), Life Settlement Assets (LSAA), Geiger Counter (GCL), Yellow Cake (YCA), JPMorgan Indian (JII), Rockwood Strategic (RKW), Odyssean Investment Trust (OIT), Scottish Mortgage Trust (SMT). 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. Last week, as well as the regular features, the Circle featured a profile of Pacific Horizon Investment Trust (PHI). This week's fund profile will be of Polar Capital Global Healthcare Trust (PCGH). 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 160 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Please note that this podcast is provided for educational purposes only and nothing you hear should be considered as investment advice. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin.