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211: Weekly Investment Trusts Podcast - with Sandy Nairn, Alan Bartlett, Richard Watts (18 May 2024)

211: Weekly Investment Trusts Podcast - with Sandy Nairn, Alan Bartlett, Richard Watts (18 May 2024)

Released Saturday, 18th May 2024
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211: Weekly Investment Trusts Podcast - with Sandy Nairn, Alan Bartlett, Richard Watts (18 May 2024)

211: Weekly Investment Trusts Podcast - with Sandy Nairn, Alan Bartlett, Richard Watts (18 May 2024)

211: Weekly Investment Trusts Podcast - with Sandy Nairn, Alan Bartlett, Richard Watts (18 May 2024)

211: Weekly Investment Trusts Podcast - with Sandy Nairn, Alan Bartlett, Richard Watts (18 May 2024)

Saturday, 18th May 2024
Good episode? Give it some love!
Rate Episode

In this week's edition of the Weekly Investment Trust Podcast, Jonathan Davis, editor of the Investment Trusts Handbook, reviews the week in the markets and speaks to Sandy Nairn, chief investment officer and at Global Opportunities Trust (GOT), alongside Alan Bartlett from specialist advisory firm Goodhart Partners; and Richard Watts, a co-manager of Chrysalis Investments Ltd (CHRY).

We are grateful for the support of J.P. Morgan Asset Management, which enables us to keep the podcast free.

Section Timestamps:0:00:39 - Review of the week0:02:46 - Summary of results0:03:52 - Corporate news and announcements0:06:04 - This week's guests0:07:55 - Money Makers Circle0:08:37 - Q&A with Sandy Nairn and Alan Bartlett0:09:09 - The situation with the market sell-off0:12:15 - The shape of the portfolio0:14:54 - The type of investor interested in the Trust0:20:37 - Portfolio differences to other trusts0:24:27 - Volunteer Park Capital Fund0:28:40 - Portfolio performance0:37:51 - Mispriced volatility0:39:52 - Communication0:43:04 - Potential for yield, and the use of gearing0:44:57 - Q&A with Richard Watts0:45:48 - The current position for Chrysalis0:52:09 - Realising value0:57:13 - Plans for the holdings1:02:10 - The cash position1:04:53 - The enhanced risk process1:07:30 - Is Chrysalis a 'complex investment'?1:09:08 - Ambitions for the next five years1:12:14 - Close

Trusts mentioned this week (with tickers): BlackRock Smaller Companies Trust (BRSC), Asian Energy Impact Trust (AEIT), Abrdn Equity Income (AEI), Polar Capital Global Healthcare (PCGH), Baillie Gifford European Growth (BGEU), Tritax Eurobox (EBOX), Henderson Euro Trust (HNE), Henderson European Focus (HEFT), UK Commercial Property (UKCM), Tritax Big Box (BBOX), Pantheon International (PIN), Chrysalis (CHRY).

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 usual features, the Circle features a profile of CQS Natural Resources Growth and Income (CYN). Future profiles include  RTW Biotech Opportunities (RTW) and CT Private Equity (CTPE). Look out for the latest edition of our new expanded weekly subscriber email which summarises Jonathan's latest thoughts including some of his most recent trust purchases, and includes a comrehensive summary of all the latest news. The content of that email is also available for subscribers via the website.

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 more than 210 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.

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