188: Weekly Investment Trusts Podcast - with James Carthew and Baroness Altmann CBE (09 Dec 2023)

In this week's edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, speaks to James Carthew, director of QuotedData, and Baroness Ros Altmann CBE about her recent Private Members Bill to address the cost disclosure issue in investment trusts.

We are grateful for the support of J.P. Morgan Asset Management, which enables us to keep the podcast free.

Section Timestamps:
00:39 - This week's guests
01:21 - Money Makers Circle
02:10 - Review of the week
04:56 - Summary of results
06:08 - The Investment Trusts Handbook 2024
07:30 - Q&A with James Carthew
07:39 - Market developments
10:36 - Discussing individual trusts
27:40 - Selected results this week
32:49 - Prospects for a continuing Santa Rally
35:08 - Q&A with Baroness Altmann CBE
35:27 - The Private Members' Bill
39:32 - What happens next?
45:27 - Timescale for a resolution
47:53 - Views of the AIC
50:23 - Transparency and accuracy in disclosure
57:40 - Impact of cost disclosure on derating
59:45 - Close

Trusts mentioned this week (with tickers): J.P.Morgan Japanese (JFJ), Personal Assets Trust (PNL), Monks Investment Trust (MNKS), Templeton Emerging Markets (TEM), Biopharma Credit (BPCR), VinaCapital Vietnam Opportunity Fund (VOF), Picton Property Income (PCTN), European Opportunities Trust (EOT), Residential Secure Income (RESI), Ecofin US Renewables (RNEW), Barings Emerging EMEA Opportunities (BEMO), Finsbury Growth and Income (FGT), Lindsell Train Investment Trust (LTI), BlackRock Frontiers Investment Trust (BRFI), Tritax Eurobox (EBOX), Lowland (LWI), Chrysalis (CHRY).

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 BlackRock Greater Europe (BRGE). Future profiles coming soon include VinaCapital Vietnam Opportunity (VOF) and J.P.Morgan UK Smaller Companies (JMI).

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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.