262: Money Makers Investment Trusts Podcast - with Max King (08 Mar 2025)
In this edition of the Money Makers Investment Trusts Podcast, Jonathan Davis, editor of the Investment Trusts Handbook and winner of the 2024 AIC Best Broadcast Journalist Award, is joined by Max King, the market and investment trust commentator and former Investec fund manager.
This discussion was recorded on Friday 07 March 2025.
*** Out now: The 2025 Investment Trusts Handbook ***
The Investment Trusts Handbook is an independent educational publication designed to provide investors with a handy annual reference book that summarises all you need to know about investment trusts. Now in its eighth year, the Handbook is a high-quality, full-colour hardback of more than 340 pages, the largest yet, with reviews of the past year, extensive interviews and commentary, plus nearly 80 pages of “how to” information and performance data. Available to order from Harriman House (https://harriman-house.com/ithb2025) or Amazon. There is also a free e-book version you can read on a PC, tablet or smartphone, plus an audiobook version.
Jonathan will be signing copies of the Handbook at the Master Investor show in London on March 29th.
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Section Timestamps:
0:00:24 - Introduction
0:00:41 - Reacting to the confusion coming from the US
0:04:01 - The implications following a peace in Ukraine
0:05:40 - Funding Europe’s and the UK’s defence
0:08:11 - The persistent discounts in the investment trusts sector
0:12:39 - A short break
0:13:34 - Boards’ response to the arrival of Saba
0:15:25 - The shrinking commercial property sector
0:17:10 - The IPO of Achilles Investment Trust (AIC)
0:19:39 - Private equity
0:22:22 - Cost disclosure and the FCA
0:23:10 - Portfolio changes
0:25:35 - Close
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Produced by Ben Gamblin.
Ireland