Weekly Investment Trusts Podcast - with Russell Napier and Janette Rutterford (10 Jun '23)

In this week's edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, continues his conversation with Russell Napier, chairman of Mid Wynd International Investment Trust (MWY). Listeners can find the first half of this discussion in the podcast released on 27 May 2023. Jonathan then talks to Janette Rutterford, emeritus professor of finance at the Open University, to talk about lessons that can be learnt from the history of investment trusts.

Jonathan remains on holiday this week, but Stuart Watson returns to provide the summary of the week's announcements and results. Next week's podcast will be released later than usual, on Tuesday 20 June 2023, after which the normal Saturday schedule will return.

Section Timestamps:
00:29 - Coming up this week
01:44 - News and announcements with Stuart Watson
02:45 - Summary of the week's results
10:42 - Money Makers Circle
11:14 - Q&A with Russell Napier (Part 2)
15:16 - Commercial and residential property
17:52 - Thoughts on the investment trusts sector
24:50 - Recommended literature
27:52 - The Library of Mistakes
29:10 - Q&A with Janette Rutterford
29:41 - The Baring Crisis of 1890
35:36 - The 1920s
41:17 - The 1990s and the Split Capital Crisis
46:23 - Split capital trusts
47:29 - Lessons for investors
49:33 - Knowledgeable investing
52:54 - Close

Trusts mentioned this week (with tickers): Worldwide Healthcare Trust (WWH), Fidelity China Special Situations (FCSS), STS Global Income and Growth (STS), LXi REIT (LXI), Warehouse REIT (WHR), JZ Capital Partners (JZCP), JPMorgan European Growth and Income (JEGI), Abrdn Japan (AJIT), Schroder Real Estate (SREI), BlackRock Frontiers (BRFI), Edinburgh Worldwide (EWI), JPMorgan Indian (JII), Barings Emerging EMEA Opportunities (BEMO), Abrdn Diversified Income and Growth (ADIG), Residential Secure Income (RESI).

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This week, as well as the regular features, features a profile of HydrogenOne Capital Growth (HGEN). Next week's profile will be of Pacific Horizon (PHI).

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Produced by Ben Gamblin.