Money Makers

Resource stocks made a strong recovery in 2016 after a torrid bear market, with both oil and mining companies heading the index performance tables. Few professional investors were more exposed to this rollercoaster ride than Angelos Damaskos, the manager of two specialist small cap commodity funds widely followed by private investors, Junior Oil and Junior Gold. In the latest Money Makers podcast he gives his views on the two sectors now – where he thinks commodity prices are heading and how he is positioning his funds for that environment.

In the latest Money Makers podcast we catch up again with Chris Hutchinson, lead fund manager at Unicorn Asset Management, the boutique small cap and AIM fund management firm that boasts one of the best long-term records in its universe. How has the fund coped with the fallout from Brexit and Trump’s election? What are the prospects for future returns? And why despite strong demand has the firm capped new applications to its market-leading AIM venture capital trust at just 10% of assets?

The Trump rally has taken the world’s equity markets to new highs in many countries, and together with the fall in the value of the pound, has made the past year among the best 12-month periods for investors in living memory. What next? Can the good times keep rolling? In the latest Money Makers podcast I sit down with Mark Dampier, Head of Research at Hargreaves Lansdown, the number one platform for private investors in the UK, to discuss the market outlook and where the best opportunities and greatest risks lie now (30 minutes)

An interview with Gervais Williams, Managing Director of Miton Group plc and author of new book The Retreat of Globalisation

Fund manager Chris Rice expects a downturn as unemployment and interest rates turn - discover why in this interview with Money Maker's editor Jonathan Davis.

The Harriman Stock Market Almanac is an annual publication which is a must-read for all fans of stock market investing – it combines a mixture of some trivial but amusing anecdotes and facts about the stock market with some more interesting analysis of trends that recur each year and other kinds of anomalies: things that, theoretically at least, you can make some money out of if you are aware of them. In this podcast, Jonathan Davis speaks with Almanac editor and investor Stephen Eckett about several of these anomalies – and what investors can do to take advantage of them.

Paul Jourdan is the CEO of Amati Global Investors. With his colleagues, a team of three, he runs three funds that specialise in small-cap and unquoted stocks. In this podcast, Jonathan Davis asks Paul how where we are in the market cycle has affected small caps, what the impact of Brexit looks like, and what makes for an ideal small company from an investor's perspective.

The election of Donald Trump as American President took much of the world by surprise. By chance John Kay, the author and business economist, well known for his columns in the Financial Times, happened to be in New York when the result was announced. In the latest Money Makers podcast I asked him for his initial reactions to the outcome.

Value investing has had a bad run, one of its worst in market history. Is that finally about to change? There are signs that a patient, long-term investing style based on finding cheap securities is finally starting to make a comeback. In the latest Money Makers podcast, Joe Bauernfreund, manager of the British Empire Trust, an investment trust closely associated with a value approach, explains why he thinks the recent revival has legs – and where he is currently finding the best bargains for his global equity portfolio.

In this podcast, we turn our attention to gold, that most emotive of investment topics, derided by some as a “barbarous relic” and feted by others as a vital defence against inflation and the debasement of currency. Jonathan Davis is joined to discuss this always fascinating subject by the fund manager Charlie Morris, who in his day job, after 15 years at HSBC, now runs multi-asset portfolios for Newscape Capital and finds time to produce a regular free monthly commentary on gold called Atlas Pulse. After a wild ride that has seen gold rise from $400 an ounce in 2000 to a peak of $1,900 in 2012, it is now back trading in the $1,250 to $1,300 range. Is that good or bad value? How much gold should investors have in their portfolios? What is the best way to invest in it? Where is the price headed next? These are all questions that we discuss in this podcast. But we start with a more fundamental question. What is gold and how should investors set about thinking about it?