Citywire: The Funds Fanatic Show: Recent Episodes
Citywire
Citywire's Funds Fanatic Show brings investors the latest news and views on funds and investment trusts.
Ken Wotton, the manager of the £361m Gresham House Multi Cap Income fund and Strategic Equity Capital trust, discusses lowly-rated British smaller companies and the next wave of corporate activity.
Gavin Lumsden and Jeremy Gordon discuss the best and worst performing funds and investment trusts in a rollercoaster year, key investment themes and what 2023 might bring.
Having just left Allianz after 16 years to take over running the Premier Miton UK Value Opportunities fund, Matthew Tillett discusses why the switch and where he is finding bargains for the long-term while taking less risk today.
Alex Savvides, manager of the £1.1bn JOHCM UK Dynamic fund, discusses investing in companies at the moment of change and once-in-a-generation value in the UK stock market.
Alex Savvides, manager of the £1.1bn JOHCM UK Dynamic fund, discusses investing in companies at the moment of change and once-in-a-generation value in the UK stock market.
Guinness Global Investors chairman Tim Guinness discusses founding (at least) two asset managers, the evolving use of data in investing and opportunities in sustainable versus traditional energy stocks.
Fidelity Special Values fund manager Alex Wright explains why the next decade will be unlike the past 15 years. Investment returns will fall, but the cheap UK stock market is placed to do very well.
Fidelity Special Values fund manager Alex Wright explains why the next decade will be unlike the past 15 years. Investment returns will fall, but the cheap UK stock market is placed to do very well.
After three years of strong performance, Smithson investment trust has suffered badly in the 2022 growth selloff. Fund manager Simon Barnard explains how he is keeping faith with his stock picks.
George Cheveley, Citywire AA-rated manager of Ninety One’s Global Gold and Global Natural Resources funds, discusses the energy crisis in context, inflation, gold’s lacklustre 2022, and whether his portfolios’ strong run can continue even as we head for recession.
Joe Studwell, economist, author and director of Baillie Gifford’s Pacific Horizon investment trust, discusses the surprising secrets of development in Asia and Africa, and why the fastest growing economies rarely generate the best investment opportunities.
Nick Montgomery of Schroder Real Estate explains how UK commercial property is well positioned for the slowdown in the economy and why real estate investment trusts can generate income ahead of inflation and also do their bit for the environment.
Troy’s James Harries, manager of the Trojan Global Equity Income fund and Securities Trust of Scotland, discusses inflation, recession, tumultuous global markets and why he expects to make steady returns despite all of the above.
Experienced investment trust investor Peter Hewitt explains how he cut his position in Scottish Mortgage before it halved this year but says he will never sell the stake entirely from BMO Managed Portfolio Trust.
James Dow, a global equity income fund manager at Baillie Gifford, on why long-term growth trumps all else, the Chinese market, and the lessons of great investors like Warren Buffett and the recently-retired James Anderson.
Peter Spiller, the UK’s longest serving fund manager, explains how Capital Gearing Trust is waiting for a ‘Volcker moment’ when high inflation has caused markets to crash and interest rates are hiked aggressively, leading to a new golden era for investors.
Simon Adler, part of the Schroders team behind Global Recovery and other funds, makes the case for buying the cheapest stocks in the market and argues a recent recovery has barely scratched the surface after a lacklustre decade.
Steven Tredget, partner at Oakley Capital Investments, reveals how the investment trust invests in established technology companies in Europe at lower valuations than publicly traded tech stocks.
Ben Guest, manager of Gresham House Energy Storage, talks to Gavin Lumsden about how the volatility of power prices, not their high level, enables the battery fund to make impressive returns while helping the UK transition to clean energy.
Jon Forster discusses the lessons of two decades running the pioneering £1.4bn Impax Environmental Markets investment trust and new opportunities created by an accelerated transition to green energy as a result of the war in Ukraine.
Redwheel Global Equity Income fund manager Nick Clay discusses the right environment for success, the case for income investing, defence stocks post-Ukraine invasion and why you shouldn’t buy Microsoft.
Simon Gergel, manager of the 133-year-old UK equity income trust Merchants, talks to Gavin Lumsden about the stock market impact of high inflation, soaring energy prices and the war in Ukraine.
Peter Michaelis and Simon Clements, who run Liontrust’s top-performing £15bn sustainable fund range, discuss crashing growth stocks, greenwashing, under-pressure Unilever, and the pros and cons of private equity in this in-depth interview.
Daniel Hanbury, manager of the chart-topping £630m River & Mercantile UK Equity Smaller Companies fund, discusses valuations, hidden gems and whether the UK stock market can finally deliver a bout of outperformance this year.
Alex Chartres, manager of the £4bn Ruffer Total Return fund, discusses the protective qualities of UK equities, that famous bitcoin buy, conventional bonds as ‘killing fields’, and markets caught napping as a new inflationary era dawns.
John Chatfeild-Roberts, the fund-picking heavyweight who heads up Jupiter’s £6.5bn Merlin range, discusses why he still believes in Terry Smith, personal lessons from Neil Woodford’s downfall, getting the rise of passive investing wrong and the key traits he hunts for in active managers.
Anthony Cross and Julian Fosh, managers of the top-performing and now giant £6bn Liontrust Special Situations fund, discuss the nature of competitive advantage among UK stocks, backing Shell and BP during the energy crisis, and why smaller companies remain the kings of compounding.
Jeremy Podger, manager of the £3.3bn Fidelity Global Special Situations fund, discusses breaking up big tech, controversial takeovers and why he’s getting ready for ‘another leg’ of the value rally.
Dan Carter, manager of the Jupiter Japan Income fund, discusses investing for both income and growth in the country’s inefficient stock market, getting ‘creative’ as tech valuations rise, an unusual Olympics and why depressed Japanese equities are due a bounce.
Sue Noffke, head of UK equities at Schroders, discusses dividends, the UK stock market recovery and her battle to make businesses like oil giant Royal Dutch Shell sustainable.
Veteran Premier Miton fund manager Gervais Williams talks to Jeremy Gordon about how his funds and investment trusts bounced back last year after a shocking 2019, the joys of the Alternative Investment Market and why the outlook has never been better for the UK’s smallest listed companies.
Keith Ashworth-Lord, manager of Sanford DeLand’s top-performing UK Buffettology Fund, talks to Jeremy Gordon about his investment philosophy inspired by the ‘Oracle of Omaha’, why he’s not worried about the recent ‘value’ rotation and the importance of not taking profits.
(Sponsored) Gavin Lumsden talks to BB Healthcare fund manager Paul Major, life sciences leader Dr Annalisa Jenkins, and cancer expert Professor Justin Stebbing about the challenges we face keeping coronavirus at bay.
Funds Fanatic Gavin Lumsden talks about investing around the world with Witan chief executive Andrew Bell for our ISA 2021 series.
Craig Baker, chairman of Alliance Trust’s investment committee, talks to Funds Fanatic Gavin Lumsden about key themes to consider when investing this year’s ISA allowance.
Joe Bauernfreund, manager of AVI Global and AVI Japan Opportunities, describes how he buys into digital winners like fashion e-tailer Zalando and online GP Babylon through undervalued investment companies.
Citywire talks to BB Healthcare fund manager Paul Major and professors Justin Stebbing and Tony Young about the remarkable co-operation between scientists, medical practitioners, and academics the battle against coronavirus has inspired (Sponsored).
Citywire's Gavin Lumsden speaks to Majedie's James de Uphaugh about picking up the pieces at Edinburgh investment trust about after Invesco's Mark Barnett and why he is optimistic about the UK stock market.
JOHCM UK Equity Income managers Clive Beagles and James Lowen say the share prices of some UK smaller companies could double, but in light of the Woodford scandal are operating within self-imposed limits.
Carl Harald Jansen, co-manager of International Biotechnology Trust, talks to Citywire’s Gavin Lumsden about why biotech stocks are making a comeback after a comparatively quiet five years. He explains the revival is not all about finding a cure for Covid-19.
Chetan Sehgal, manager of the £1.9bn Templeton Emerging Markets investment trust, tells Citywire’s Gavin Lumsden that the good performance of countries such as Korea, Taiwan and even China this year demonstrates how emerging markets have changed for the better since the last financial crisis. Accounting for over a third of the global economy, he says they represent a vital source of high quality companies for global investors.
Peter Spiller, manager of Capital Gearing Trust (CGT), a defensive fund that has protected shareholders from this year’s coronavirus crash, explains his investment approach and why he believes gold is too expensive to be a safe haven.
Richard Crawford, fund manager of the £2.4bnRenewables Infrastructure Group (TRIG), tells Citywire’s Gavin Lumsden the UK has no clear path to achieving carbon neutrality by 2050. After the green revolution in energy, other sectors of the economy require transformation.
Veteran UK stock market investor made 35 times his money on a single stock in the 2008 financial crisis. This time those opportunities haven’t arisen.
Nick Greenwood of Miton Global Opportunities talks to Citywire’s Gavin Lumsden about the new cycle of investor unrest unleashed by coronavirus in the investment trust sector.
But so will the growth story as China becomes a consumer society, says Dale Nicholls, manager of Fidelity China Special Situations investment trust, in conversation with Citywire’s Gavin Lumsden.
Aberdeen Standard Investments’ UK smaller company veteran Harry Nimmo tells Citywire’s Gavin Lumsden the 2008 credit crunch was a bigger threat to investors than the 2020 coronavirus crash and that the UK stock market has passed the worst.
With growing numbers of funds investing in companies before they go public on the London Stock Exchange, Citywire’s Gavin Lumsden speaks to Helen Steers of Pantheon International (PIN) to find out what the private equity fund managers she invests with are saying about the coronavirus crisis.
Citywire columnist David Stevenson joins editors Gavin Lumsden and Daniel Grote to discuss stock markets and his portfolio.
Gavin Lumsden and Daniel Grote examine the changes Hargreaves Lansdown has made to its buy list as the broker looks to repair its reputation after the Woodford fund scandal.
Citywire editors Gavin Lumsden and Daniel Grote discuss their painful experiences as shareholders in the European Opportunities trust.
Citywire editors Gavin Lumsden and Daniel Grote discuss a rollercoaster week in markets, Unilever's U-turn, dividend decisions and a tentative value recovery.
William Meadon of JPMorgan Claverhouse investment trust tries to convince Citywire’s Gavin Lumsden that all is not lost for UK income investors.
Citywire's Gavin Lumsden speaks to Marcus Phayre-Mudge, manager of TR Property investment trust.
Following Mark Barnett’s departure from Invesco last week Citywire editors Gavin Lumsden and Daniel Grote assess prospects for his successors and whether poorly performing ‘value’-style fund managers need a surge in inflation to displace the dominance of ‘growth’ investing.
Gavin Lumsden talks to Tom Slater, co-manager of the £10bn Scottish Mortgage Trust, who says the pandemic was utterly predictable but that the economic shock has accelerated positive changes such as the end of carbon energy and the electrification of transport.
Citywire editors Gavin Lumsden and Daniel Grote discuss Hargreaves Lansdown's revamp of its fund buy list and whether Fundsmith could finally make an entry.
Citywire editors Gavin Lumsden and Daniel Grote discuss Shell's seismic dividend cut and the challenge now facing investors after the biggest blow yet to the UK stock market's income credentials.
Citywire editors Gavin Lumsden and Daniel Grote examine oil's historic fall to negative prices, why ETFs tracking the sector haven't behaved as you might have thought, and which active funds have been hit.
Citywire editors Gavin Lumsden and Daniel Grote pick apart Mark Barnett’s sacking as manager of the Perpetual Income and Growth investment trust and the prospects for the underperforming Invesco Income and High Income funds that are now his main focus.
Citywire editors Gavin Lumsden and Daniel Grote discuss the dividend drought and the impact on funds.