Money Makers cover image

Money Makers

Weekly Investment Trusts Podcast - with Simon Edelsten, and Paul & Richard Pindar (03 Jun '23)

Jun 3, 2023
01:04:12
In this week's edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, is joined by Simon Edelsten, manager of the Mid Wynd International Investment Trust (MWY). Jonathan also spoke to Paul and Richard Pindar, respectively the chairman and CEO of Literacy Capital (BOOK). Jonathan is on holiday over the coming couple of weeks, but the podcast continues with pre-recorded interviews this week and next, with Stuart Watson providing the summary of the week's announcements and results. Section Timestamps: 0:00:29 - This week's guests 0:02:07 - Money Makers Circle 0:02:39 - Next week 0:03:26 - Summary of announcements and results with Stuart Watson 0:11:47 - Q&A with Simon Edelsten 0:12:31 - Artificial intelligence and big tech 0:17:56 - The situation with respect to interest rates 0:26:22 - Fear of missing out 0:29:37 - Japan 0:36:06 - Europe 0:38:45 - The UK 0:39:43 - Looking ahead 0:41:45 - Simon's plans 0:43:26 - Q&A with Paul and Richard Pindar 0:45:35 - How Literacy Capital is distinct compared to its peers 0:49:33 - The first quarter of 2023 0:54:47 - Reducing exposure to growth capital 0:58:35 - Reduction in gearing 1:01:06 - The UK 1:03:05 - Close Trusts mentioned this week (with tickers): Mid Wynd International (MWY), Literacy Capital (BOOK), Edinburgh Investment Trust (EDIN), CT UK High Income (CHI), Odyssean (OIT), TR Property (TRY), AVI Global (AGT), JPMorgan Japanese (JFJ), Home REIT (HOME), Aquila European Renewables (AERI). 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. This week, as well as the regular features, the Circle features a profile of the Mercantile Trust (MRC). This will be followed by a profile of HydrogenOne Capital Growth (HGEN). 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.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode