Weekly Investment Trusts Podcast - with Simon Edelsten, and Paul & Richard Pindar (03 Jun '23)

In this week's edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, is joined by Simon Edelsten, manager of the Mid Wynd International Investment Trust (MWY). Jonathan also spoke to Paul and Richard Pindar, respectively the chairman and CEO of Literacy Capital (BOOK).

Jonathan is on holiday over the coming couple of weeks, but the podcast continues with pre-recorded interviews this week and next, with Stuart Watson providing the summary of the week's announcements and results.

Section Timestamps:
0:00:29 - This week's guests
0:02:07 - Money Makers Circle
0:02:39 - Next week
0:03:26 - Summary of announcements and results with Stuart Watson
0:11:47 - Q&A with Simon Edelsten
0:12:31 - Artificial intelligence and big tech
0:17:56 - The situation with respect to interest rates
0:26:22 - Fear of missing out
0:29:37 - Japan
0:36:06 - Europe
0:38:45 - The UK
0:39:43 - Looking ahead
0:41:45 - Simon's plans
0:43:26 - Q&A with Paul and Richard Pindar
0:45:35 - How Literacy Capital is distinct compared to its peers
0:49:33 - The first quarter of 2023
0:54:47 - Reducing exposure to growth capital
0:58:35 - Reduction in gearing
1:01:06 - The UK
1:03:05 - Close

Trusts mentioned this week (with tickers): Mid Wynd International (MWY), Literacy Capital (BOOK), Edinburgh Investment Trust (EDIN), CT UK High Income (CHI), Odyssean (OIT), TR Property (TRY), AVI Global (AGT), JPMorgan Japanese (JFJ), Home REIT (HOME), Aquila European Renewables (AERI).

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This week, as well as the regular features, the Circle features a profile of the Mercantile Trust (MRC). This will be followed by a profile of HydrogenOne Capital Growth (HGEN).

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Produced by Ben Gamblin.