Investing, Markets & Money

We kick off the new year with host Stuart Fieldhouse talking to Gary Robinson, a partner at Baillie Gifford and the manager of the Baillie Gifford US Growth Trust [LON;USA], a FTSE 250 constituent. It seems like a timely discussion with so much focus on the US market at the moment. and with hedge fund Saba Capital seeking to take control of the trust's board. On the podcast we chat about the investment trust's strategy and especially its exposure to unlisted companies. We look at how the trust optimises its exposure to the US tech sector and whether the Mag 7 stocks are distracting tech investors from other opportunities. Gary also gives us his views on how to spot the next big technology success story. It's not all tech though: we also had time to look at the US healthcare sector and of course the likely impact of Donald Trump on the US stock market. Listeners should be aware that the podcast was recorded prior to Saba Capital's announcement on 18 December in which it said it would seek governance changes at seven listed trusts. For more great investing ideas, news and insight, sign up to our FREE newsletter at www.thearmchairtrader.com/newsletter/ For stock tips and deeper company analysis get a free trial of Armchair Trader Plus+ at www.thearmchairtrader.com/register 00:00 Intro to the Baillie Gifford US Growth Trust 03:18 Private companies in the portfolio 06:21 Why large tech companies decide not to IPO 08:12 The Mag7 stocks 10:40 Findind the next Amazon or Nvidia 14:14 Corporate culture and visionary management teams 16:33 Healthcare sector holdings 19:04 Will the new presidency be good for US growth stocks? 21:38 Gary's two favourite stocks

This week, Host Stuart Fieldhouse meets Yoojeong Oh, Investment Director of the abrdn Asian Income Fund. Stuart and Yoojeong discuss company dividends, the break-up of the chaebol conglomerates in South Korea, being underweight India and China and Yoojeong's favourites favourite stocks within the trust's portfolio. For more great investing ideas, news and insight, sign up to our FREE newsletter at www.thearmchairtrader.com/newsletter/ If you enjoy the podcast, like and subscribe for more great content. 00:00 Intro to the abrdn Asian Income Fund 02:36 Dividends in Asia during Covid 04:01 Are there any restrictions on where the trust can invest in Asia? 04:57 Effect of Trump 2.0 on Asian markets 07:21 China's struggling economy - a good buying opportunity? 10:59 Which economies will do well in 2025? 12:52 Is India running too hot? 16:26 Pressure on companies to pay more dividends 18:17 What's to like about Australia? 20:27 Are Asia Pacific companies becoming more proactive in talking to shareholders? 25:43 South Korea and the break-up of the chaebols 30:41 Yoojeong's favourite companies in the abrdn Asian Income Fund portfolio

In this episode, host Stuart Fieldhouse meets Thomas Moore, Investment Director for the abrdn Equity Income Trust [LON:AEI]. They discuss the balance between yield and capital growth, hunting for cheap stocks and how the UK budget, interest rates and inflation affect the fund manager's decision-making. For more great investing ideas, news and insight, sign up to our FREE newsletter at www.thearmchairtrader.com/newsletter/ For stock tips and deeper company analysis get a free trial of Armchair Trader Plus+ at www.thearmchairtrader.com/register If you enjoy the podcast, like and subscribe for more great content. 00:00 Intro to abrdn Equity Income Trust 01:57 Balance between yield and capital growth 05:00 Is the UK equity market undervalued vs other regions? 08:48 Sector breakdown of the trust - why so many financial stocks? 11:38 Active management - getting the yield 12:39 Maximum holdings in any one stock 13:40 Is the new Government positive for UK equities? 17:24 Does the UK budget affect Thomas's decision-making? 21:32 Inflation and interest rates dropping - is this good news? 24:23 The ideal stock for Thomas's portfolio 27:13 Imperial Brands - what does Thomas like about it? 31:03 Small caps in the portfolio, e.g. Galliford Try

On this episode, host Stuart Fieldhouse speaks with Nitesh Shah of WisdomTree. Nitesh updates us on global Precious Metals markets, looking at key drivers of demand and bottlenecks in supply. Stuart and Nitesh focus in particular on the gold price, which has been hitting all-time highs over the last year. For more great investing ideas, news and insight, sign up to our FREE newsletter at www.thearmchairtrader.com/newsletter/ For stock tips and deeper company analysis get a free trial of Armchair Trader Plus+ at www.thearmchairtrader.com/register If you enjoy the podcast, like and subscribe for more great content. 00:00 Gold price drivers and sentiment 04:23 Geopolitical risks for the gold market 10:13 Central bank buying of gold 15:39 Silver market update 21:58 Platinum and palladium market update 28:20 Trading other precious metals, e.g. Rhodium 31:30 How much do ETFs themselves influence the metals markets? 36:40 Seasonal demand for gold