Investors' Chronicle

China is a market that investors simply cannot ignore. Despite being the epicentre of the pandemic and at the helm of geopolitical tensions, it had the best performance of any major stock market last year and innovation is proceeding in some Chinese companies at a rate second to none. But there are concerns about bubbles forming in some sectors. In this interview, Dale Nicholls, manager of Fidelity China Special Situations, says there are still plenty of companies with great growth potential at reasonable prices - albeit not as attractive as they were a year ago, since when the fund’s share price has doubled.Mr Nicholls describes how he offers broad access to the Chinese economy by focussing on companies that serve the enormous power of China's growing middle classes. He talks about why he is not concerned about frenetic private investor trading in China driving a bubble, and how the Chinese stock market has matured since the 2015 market crash. He also divulges how he navigates social and governance considerations in China and shares his thoughts on how regulation might fall on the country’s largest internet companies. Hosted on Acast. See acast.com/privacy for more information.

On this week's Alpha Podcast John and Phil reminisce about their dotcom boom days and the bubble-like behaviour of today's markets, and why it could be worth drowning your sorrows with a snifter of Diageo shares. Hosted on Acast. See acast.com/privacy for more information.

It’s been a mixed year for the health and fitness industry. On the one hand, gyms, clubs, and pools have all had prolonged periods of closure, but on the other, you only need to go down to your local park at the weekend to witness the crowds of walkers, runners and cyclists. Hosted on Acast. See acast.com/privacy for more information.

On this week's Alpha podcast John and Phil go on the hunt for more shares with the feelgood factor, despite some worrying words in Terry Smith's latest Fundsmith letter Hosted on Acast. See acast.com/privacy for more information.

Donald Trump’s ban from Twitter, Facebook and Snapchat has put private media groups under the spotlight. Were they right to do it? Should social media be self-regulated or does it need an external body?And are the regulators of the mainstream media even getting it right? We answer all those thorny questions in our first episode of 2021. Hosted on Acast. See acast.com/privacy for more information.

On this week's Alpha Podcast John Hughman and Phil Oakley talk about the prospects for three companies that have seen business boom as a result of Covid-restrictions: Games Workshop, Frontier Developments and Just Eat Takeaway. Hosted on Acast. See acast.com/privacy for more information.

The destruction of risk free returns thanks to low interest rates means investors have to understand the risks inherent in chasing gains from assets like shares. James Norrington talks to Graham Harrison, Managing Director of Asset Risk Consultants (ARC) about the challenges facing portfolio managers.ARC runs the Private Client Index series, a selection of dynamic risk-weighted benchmarks for the asset management industry, based on over 250,000 contributing portfolios from 108 asset management firms worldwide.  Hosted on Acast. See acast.com/privacy for more information.

Baillie Gifford’s flagship fund, Scottish Mortgage Investment Trust (SMT), has delivered eye watering returns in recent years. In 2020 alone, the fund’s net assets doubled to over £18.5bn. In this interview, the trust’s co-managers James Anderson and Tom Slater tell Mary McDougall where the next leg of growth is and how they approach finding the next stock market stars. Mr Anderson says we are entering a period of change unrivalled since the industrial revolution, and they both defend their continued support of Tesla, the fund’s largest holding.  Hosted on Acast. See acast.com/privacy for more information.

Jeremy Gratham, co-founder of GMO Asset Management speaks to Nilushi Karunaratne about whether companies, governments and investors are taking enough action on climate change, what he hopes to see from the incoming Biden administration and how investors should see climate change as an opportunity for their portfolios. Hosted on Acast. See acast.com/privacy for more information.

Wheaton Precious Metals chief executive Randy Smallwood on the steaming business model, gold's prospects and how to operate in a world where ESG is getting more and more important. Plus why Wheaton has added a London listing.Looking for more? We dive into Wheaton's business model. Hosted on Acast. See acast.com/privacy for more information.