The Wealth Show

Citywire Wealth Manager journalists discuss the top stories from the past month. 

Long-time Polar Capital manager James Salter discusses teaming up with former growth star David Mitchinson, launching Zennor Asset Management and their Japan fund’s strong start.

Matthew Norris, head of real estate securities at Gravis, dives into his own digital infrastructure fund and the real assets behind data and technology.

Citywire A-rated Richard de Lisle‘s small cap strategy has outperformed the S&P 500 despite avoiding US tech which has driven the index’s most recent exuberant returns. 

According to Alec Cutler, a long-time vocal critic of ESG, telling emerging markets to not use fossil fuels is hypocritical, and means that they ‘won’t develop’.

Jupiter's Richard Watts discusses the IPO opportunities for Chrysalis, after the investment trust has fallen to a near 50% discount to its net asset value (NAV). 

Travis Spence, head of EMEA ETF distribution at J.P. Morgan Asset Management, explains the structural difficulties that have prevented UK investors from opting for exchange traded funds (ETFs). 

Louise Kernohan discusses leaving Abrdn in 2020 to join Newton and run the firm’s £590m BNY Mellon UK Equity fund and why ‘sustainable UK equities’ is not a contradiction in terms.

Caroline Hug catches up with Morningstar global director of sustainability Hortense Bioy to discuss the FCA’s Sustainable Disclosure Requirements (SDR).

Marlborough multi-asset CIO Nathan Sweeney and Ruffer investment director Duncan MacInnes fight it out over whether the market is entering a new inflationary era.

Following Microsoft's rumoured $10bn investment into OpenAI in January, Morningstar analyst Dan Romanoff believes the tech giant's share price could see a $25 boost from its current level of $333.  However, ethical concerns over AI could act as a headwind over the long term. 

Trevor Williams, former chief economist at Lloyds Bank, believes there needs to be more stringent regulation to encourage wealth to be allocated to green energy projects.  

Jonathan Golan, manager of the £423m Man GLG Sterling Corporate Bond fund is the most bullish he's been on the financials sector in a decade, but the bond manager doesn't hold a single US bank in his portfolio. 

Mick Dillon, co-manager of the £5bn Brown Advisory Global Leaders strategy, discusses why investors need coaches just as much as athletes and the key lessons from theirs.

Peter Doherty, manager of the Sanlam Hybrid Capital Bond fund speaks about why he upped his allocation to contingent convertible bonds (CoCos) after the write down of $17bn worth of Credit Suisse AT1 bonds. 

Kamil Dimmich, Citywire AAA-rated manager of the £690m Pacific North of South EM All Cap Equity fund, discusses avoiding the hottest pockets of emerging markets.

Tony Dalwood, CEO of Gresham House, discusses how the sustainability agenda has changed over the last couple of decades. He also explore natural capital and place-based investing as investment opportunities, as Gresham House is the largest UK investor in battery energy storage facilities.

Mark Barnett’s return to fund management has passed its one year anniversary, however assets in the new strategy have struggled to gain much more than £20m. The TM Tellworth UK Income and Growth fund is no doubt chasing a difficult investment sector - £1bn was taken out of UK equity funds in February alone, according to Calastone data.  However, Barnett’s association with embattled fund manager Ne...

As investors brace for the global economy to enter a sustained slowdown, Redwheel’s James Johnstone is confident that the 10-year drought in emerging markets is over. 

The former chair of the Treasury Select Committee, Nicky Morgan, gave her views on the FCA’s consumer duty regulation, which is due to be rolled out in the Summer. This was after city minister Andrew Griffith attacked the rules, suggesting they could harm the competitiveness of UK financial services, and lead to an uptick in lawsuits.

Linden Thomson, manager of the Axa Framlington Biotech fund, speaks about the 'heavily momentum driven' biotech sector, and why Biden’s inflation reduction act could tighten R&D investment. 

Wesley McCoy, manager of the £375m Abrdn UK Value Equity fund, discusses why banks like Barclays are now a more contrarian bet than traditional energy stocks but defends making money from coal companies. 

Dragon Capital founder Dominic Scriven discusses the anti-corruption drive that shook Vietnamese markets last year and the prospects for pioneering £1.4bn investment trust, Vietnam Enterprise Investments Limited.

New co-manager of Quilter Investors Cirilium range, Ian Jensen-Humphreys, is making significant changes to the £6.8bn active range. Jensen-Humphreys took over the portfolios in December alongside Sacha Chorley. In this podcast he discusses why the funds he inherited don't follow his asset allocation approach.

Martin Walker, Invesco's head of UK equities, was the top performer in the Citywire Equity - UK (All Companies) category last year. Performance was driven by Walker's top holding's in Shell and BP within his UK Opportunities fund, but his sell discipline also drove performance.