Weekly Investment Trusts Podcast - with Nick Greenwood and Emma Bird (25 March 2023)

In this week's edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, speaks to Nick Greenwood, manager of the Migo Opportunities Trust (MIGO), and Emma Bird, head of research at Winterflood Securities. Listeners can also hear an extract of Jonathan's conversation with Sandy Nairn of the Global Opportunities Trust (GOT), a discussion available in full next week for subscribers to the Money Makers Circle.

Section Timestamps:
00:28 - Review of the week
01:23 - This week's guests
02:38 - News and performance
06:32 - Money Makers Circle
07:06 - Summary of results
12:36 - Q&A with Nick Greenwood
12:57 - Comments on the volatile global situation
14:31 - Reasons for widening discounts
19:00 - The developments at Scottish Mortgage
22:47 - The portfolio
24:32 - China
25:57 - Commodities
28:00 - Japanese positions
29:48 - Q&A with Emma Bird
29:56 - The markets this week
30:54 - Scottish Mortgage Trust (SMT)
37:03 - The property sector
37:29 - CT Property Trust (CTPT)
40:31 - Dividend sustainability
44:11 - Ediston Property Investment Trust (EPIC)
46:01 - PRS REIT (PRSR)
50:19 - Q&A with Sandy Nairn (Extract)
54:53 - Close

Trusts mentioned (with tickers): Scottish Mortgage Trust (SMT), Allianz Technology Trust (ATT), Fidelity European Trust (FEV), Temple Bar (TMPL), JPMorgan US Smaller Companies Trust (JUSC), Princess Private Equity (PEY), Baillie Gifford Shin Nippon (BGS), BioPharma Credit (BPCR), Crystal Amber (CRS), Henderson EuroTrust (HNE), Vietnam Holding (VNH), VinaCapital Vietnam Opportunity Fund (VOF), CT Property Trust (CTPT), PRS REIT (PRS), Aquila European Renewables (AERI), Herald Investment Trust (HRI), Rights and Issues (RIII), Macau Property Opportunities (MPO), Nippon Active Value Fund (NAVF), AVI Japan Opportunities Trust (AJOT), Ediston Property Investment Trust (EPIC), Ground Rents Income Fund (GRIO), Downing Renewables and Infrastructure Trust (DORE).

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 Harmony Energy Income Trust (HEIT). Next week, subscribers will be able to hear the full conversation with Sandy Nairn (available after Tuesday 28 March), and the Circle will feature a profile of JPMorgan Emerging Markets (JMG).

For more information about the Money Makers circle, please visit money-makers.co/membership-join. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free. We are very grateful for your continued support and the enthusiastic response to our over 150 podcasts since launch.

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.