Weekly Investment Trust Podcast with Jonathan Davis (05 Nov 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 Ewan Lovett-Turner, head of investment trust research at Numis Securities. Trusts mentioned this week (with tickers) include: CQS Natural Resources Growth and Income (CYN), International Biotech (IBT), Fidelity Special Values (FSV), BlackRock Smaller Companies (BRSC), Princess Private Equity (PEY), International Public Partnerships (INPP), TwentyFour Income (TFIF), Independent Investment Trust (IIT), Starwood European Real Estate Finance (SWEF), Balanced Commercial Property Trust (BCPT). Section Timestamps: 00:36 - Review of the week and summary of results 04:55 - On the Money Makers Circle this week 05:29 - Q &A with Ewan Lovett-Turner - 05:44 - The overall market environment - 07:21 - Client sentiment - 09:12 - Discounts in the investment trusts sector - 12:37 - Understanding how different trusts are affected - 14:02 - The fundraising "desert" - 15:42 - Consolidation within the sector - 22:06 - What's going on in the debt sector? - 24:12 - Private equity - 28:51 - Are buybacks effective for alternative assets? - 35:52 - Commercial property - 38:08 - Looking ahead 40:54 - 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. The latest profiles to feature on the Money Makers Circle are: Strategic Equity Captial (SEC), Third Point Investors (TPOU), and NB Private Equity (NBPE). These are all available along with the usual regular features. 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.