Weekly Investment Trusts Podcast - featuring Russell Napier and Max King (27 May 2023)

In this week's edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, is joined by financial historian and market strategist Russell Napier, chairman of Mid Wynd International Investment Trust (MWY), in part one of their recent conversation (part two follows next week). Jonathan also speaks to Max King, former investment trust fund manager at Investec.

Section Timestamps:
01:05 - The markets this week
03:46 - Investment trusts news
11:21 - This week's results
15:15 - Money Makers Circle
15:42 - Noteable interim results
17:14 - Q&A with Russell Napier (Part 1)
17:43 - The Federal debt ceiling
27:15 - The debt burden
29:40 - The 2% inflation target
36:37 - The attractiveness of bonds going forward
37:31 - Q&A with Max King
37:40 - How the year is panning out
40:46 - The Bank of England's response to inflation
42:22 - The UK market
44:52 - The investment trusts sector
45:31 - Infrastructure and renewables
49:05 - Commercial property
50:59 - Social housing
53:02 - Caledonia Investments (CLDN) and private equity
55:52 - Japanese trusts merger
57:24 - Twitter under Elon Musk
58:22 - Close

Gresham House Energy Storage (GRID), CT Property Trust (CTPT) / LondonMetric (LMP), Momentum Multi-Asset Value Trust (MAVT), RM Infrastructure Income (RMII), M&G Credit Income (MGCI), Round Hill Music Royalty Fund (RHM), Capital Gearing Trust (CGT), HICL Infrastructure (HICL), JPMorgan Asia Growth and Income (JAGI), Schroder AsiaPacific (SDP), Henderson European Focus Trust (HEFT), Ediston Property Investment Company (EPIC), Shires Income (SHRS), Rockwood Strategic (RKW), Odyssean (OIT), 3i Infrastructure (3IN), BBGI Global Infrastructure (BBGI), Ashoka WhiteOak Emerging Markets Trust (AWEM), CT Property Trust (CTPT), Primary Health Properties (PHP), Assura (AGR), Derwent London (DLN), Great Portland Estates (GPOR), Shaftesbury Capital (SHC), Land Securities (LAND), TR Property (TRY), Home REIT (HOME), AEW UK REIT (AEWU), Civitas Social Housing (CSH), Caledonia Investments (CLDN), RIT Capital Partners (RCP), Scottish Mortgage (SMT), HG Capital Trust (HGT), 3i Group (III), Literacy Capital (BOOK), Nippon Active Value (NAVF) / Abrdn Japan (AJIT).

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This week, as well as the regular features, the Circle features a profile of Abrdn Property Income Trust (API).

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Produced by Ben Gamblin.