Weekly Investment Trust Podcast with Jonathan Davis (24 Dec 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 Peter Hewitt, manager of the CT Global Managed Portfolio Trust (CPMG/CPMI).

Trusts mentioned this week (with tickers) include: Majadie Investment Trust (MAJE), JPMorgan Indian Investment Trust (JII), Ecofin Global Utilities and Infrastructure Trust (EGL), Aberdeen Diversified Income and Growth (ADIG), Chenavari Toro Income Fund (TORO), Artemis Alpha (ATS), MIGO Opportunities Trust (MIGO), Atlantis Japan Growth (AJGF), Civitas Social Housing (CSH), Triple Point Social Housing (SOHO), VPC Speciality Lending (VSL), NB Global Monthly Income (NBMI), TwentyFour Income Fund (TFIF), Biopharma Credit (BPCR), GCP Asset Backed Income (GABI), Home REIT (HOME), Scottish Mortgage Investment Trust (SMT), HG Capital Trust (HGT), Fidelity Special Values (FSV), Law Debenture (LWDB), Finsbury Growth and Income (FGT), BH Macro (BHMG), Ruffer Investment Company (RICA), Personal Assets Trust (PNL), Capital Gearing Trust (CGT), Aurora Investment Trust (ARR), Bellevue Healthcare (BBH), HBM Healthcare Investments (SWX:HBMN), BB Biotech (SWX:BION), Biotech Growth Trust (BIOG), International Biotechnology Trust (IBT), Princess Private Equity (PEY), Apax Global Alpha (APAX), Greencoat UK Wind (UKW), Hipgnosis Songs Fund (SONG), Round Hill Music Royalty Fund (RHM).

Section Timestamps:
0:00:35 - Recapping the week
0:02:00 - Summarising results
0:05:41 - Corporate news
0:08:10 - Money Makers Circle
0:09:00 - Q and A with Peter Hewitt

0:09:56 - How has the year been?
0:14:22 - How does this bear market compare to the past?
0:17:14 - Growth versus income
0:19:54 - Will next year see the bottom of the recession?
0:23:25 - The investment trust sector
0:24:10 - Winding up trusts: a healthy development?
0:25:56 - Has Peter invested in a debt fund?
0:28:06 - Social housing trusts
0:35:28 - Discounts and discount controls
0:39:48 - The growth portfolio
0:44:54 - The income portfolio
0:49:47 - Managing currency risk
0:51:57 - Underlying discount on the portfolio
0:55:50 - Music royalty trusts
1:00:20 - Looking forward to next year

1:01:48 - Investment Trusts Handbook
1:02:43 - Close

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In addition to the regular features, this week the Circle features a profile of JLEN Environmental (JLEN), along with notes from Jonathan on the markets

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Produced by Ben Gamblin.