Investors' Chronicle

Inflation is making real returns harder to come by, eroding the value of cash and creating a tougher outlook for equities, particularly ‘growth’ stocks which are valued according to future earnings. How can investors protect themselves?  In this interview, Sebastian Lyon, founder and chief investment officer at Troy Asset Management, tells Mary McDougall how his multi asset funds are position...

Alex Newman, Mark Robinson and Julian Hofmann returns to breakdown chancellor Rishi Sunak's spring statement and Warren Buffett's latest $12bn purchase of the insurer Alleghany. Then Mary McDougall joins the pod to talk through her long-read: 'Can tech save healthcare?'. Investors' Chronicle has supported private investors in the UK for over 160 years by highlighting rewarding investment opportuni...

Paul Major, manager of Bellevue Healthcare Trust (BBH), believes the future of healthcare will be very different from what we have today and looks to invest in companies at the forefront of making change possible - from those improving disease diagnosis to companies delivering care at home.   In this podcast, he tells the IC’s Mary McDougall where he thinks the most important innovations...

Alex Hamer joins the Companies and Markets roundtable to discuss the ongoing commodities crisis caused by the war in Ukraine, including some of the more niche ones like helium and uranium. The team also dive into some of the M&A activity we're seeing - or rather, not seeing. Then Michael Fahy joins the show to talk through his feature: 'Travel industry bears Covid scars'. Investors' Chronicle...

With little more than three weeks left until the end of the tax year, make sure you’ve used up as much of your Individual Savings Account allowance as possible. For those who like to get ahead, you might want to start thinking about where to invest next year’s Isa allowance too, from April 6.  But deciding what to invest in is not straightforward. Inflation, war and volatility are currently t...

On the Companies and Markets show this week Mary McDougall joins Alex Newman and Julian Hofmann to discuss the changing face of ESG, volatility in Russian shares causing havoc on investment platforms, and asking why the FTSE 100 is weighted towards value stocks. Then deputy IC editor Dan Jones joins the pod to discuss his long read: 'Running the rule over the subscription economy'. Investors' Chro...

There’s no one correct way to set up an investment portfolio but there are several pitfalls to avoid so you don’t leave yourself over exposed, or with little chance of achieving desirable returns. To help us adopt the Charlie Munger approach of not doing anything stupid, Sam Dickens, portfolio manager at IG tells the IC’s Mary McDougall how you can construct and monitor a robust portfolio.  T...

Investors' Chronicle staff Michael Fahy and Arthur Sants join regulars Mark Robinson and Julian Hofmann to discuss the continued market effects of the war in Ukraine. Of particular interest this week is defence shares, with companies specialising in hardware and software reaping rewards of an increased pressure of NATO countries to invest in armaments. Investors' Chronicle has supported private in...

Like other growth-oriented portflios, Henderson Smaller Companies (HSL) has had a difficult start to the year amid concerns about monetary tightening and, more recently, the crisis in Ukraine. Neil Hermon, who works on the fund, makes the case for top holdings like Impax Asset Management (IPX) and Future (FUTR) continuing to flourish in the longer-term, and for invest...

Being a successful investor has as much to do with your behaviour as it does with studying annual reports. As Morgan Housel puts it in his brilliant book The Psychology of Money, “investing is not really about what you know, it’s about how you behave”. In this podcast, Henry Cobbe, head of research at Elston Consulting, discusses with the IC’s Mary McDougall the most common mistakes that investors...

Alex Newman, Jemma Slingo, and Mark Robinson discuss some of the economic ramifications of Russia's invasion of Ukraine, before touching briefly on the banking and logistics sectors. Then Julian Hofmann joins the pod to discuss his feature 'Ready for a turnaround: the art of distinguishing value traps from recovery gems'. Investors' Chronicle has supported private investors in the UK for over 160...

The IC’s favourite economist Chris Dillow is back on the podcast this week! He talks through what leading indicators are telling us about prospects for the stock market, his thoughts on inflation and why retail sales data in the UK look surprisingly encouraging.  He also cautions against paying too much attention to medium term earnings forecasts, reminds us to be humble about how little we k...

For many people, investing in a way to help make the world a better place is a priority. But as sustainable investing has exploded in popularity, so have the investment options and it can be very difficult to know what the best approach is. Some people don’t want to own any companies that they deem to have a negative impact on the environment and society. Others take the view that it’s better to e...

William Green has interviewed slews of the world’s most legendary investors from John Templeton to Charlie Munger and synthesised what we can learn from them in his bestseller Richer, Wiser, Happier , which draws on hundreds of hours of interviews with over 40 of the world’s most successful investors.  In a tribute to his late father, whose favourite publication was Investors’ Chronicle, Will...

When putting together an investment portfolio, for an optimal risk / return profile you’ll want significant exposure to overseas stocks. The UK now makes up around 4 per cent of the global stock market and, while many pundits believe UK stocks are attractive relative to international peers, the UK has been among the poorest performing of the major equity regions over the past decade.  In this...

As 2021 fades in the memory, the spectre of inflation is firmly on investors’ minds and Simon Gergel gives his view on what that may mean for markets in 2022. After a year where finding genuinely under-priced good businesses – rather than those that are cheap for a reason – paid dividends, Simon explains how extreme pricing anomalies still appear prevalent. This could be where investors are overlo...

Buying shares can be much more risky than buying funds, but get it right and the returns can be greater too.  In the fifth episode of our investing explained podcast series, IG’s chief market analyst Chris Beauchamp and the IC’s former associate editor Algy Hall talk through what a share is, different styles for investing in shares and multiple approaches to assessing valuations.  Algy a...

Nick Train’s stock picking success over the past 30 years has made him one of the UK’s best known fund managers. But over the past 12 months both his global and UK-focussed funds have notably underperformed their peers. In this interview, he tells the IC’s Leonora Walters why he is resolutely sticking with his investment approach and why quality companies could do ‘extraordinarily well.'   Tr...

Investment funds are the core of most private investor portfolios and are suitable for everyone, regardless of your level of knowledge. The tricky thing is, there are lots of different types of funds, and thousands available.  In the fourth episode of our investing explained podcast series, the IC’s funds editor Dave Baxter and Elston Consulting’s research head Henry Cobbe talk through some o...

The opening weeks of 2022 have proved difficult for some of the most popular funds and  Rathbone Global Opportunities (GB00B7FQLN12)  is no exception. Like other growth-oriented portfolios, it has suffered a gruelling few weeks as investors worry about the potential for tighter monetary policy. James Thomson, who has worked on the fund since 2003, talks about the psychology of runni...

With a new year upon us, Walter Price and Mike Seidenberg of Allianz Technology Trust joined host Cherry Reynard late in December to look at some of the defining moments for the tech sector in 2021 and to reflect on the future of the sector. To see the full podcast series visit https://www.allianztechnologytrust.com/podcast/ Investors' Chronicle has supported private investors in the UK for over 1...

Investors and savers take note. Tax wrappers can make a huge difference to the value of your savings over time.  You have two main options: put more money into your pension or invest within an individual savings account, better known as an Isa. Ideally you can do both.  In the third episode of our investing explained podcast series, Jeremy Naylor, presenter at IG and Svenja Keller , fina...

Few UK small cap investment trusts trade on a premium to their net assets, but Odyssean Investment Trust is currently one of them. In this interview, manager Stuart Widdowson explains why he brings a private equity mindset to public markets, how he seeks to spot special situations and how he feels about the current investment outlook.  He also talks through the investment case for some of his...

Wild stock market movements such as those seen with ‘meme’ stocks last year make investing look like an exciting or treacherous roller coaster - depending on your perspective. But the truth is, successful investing should be disciplined and boring - as you slowly let your money grow. The trouble is, there are thousands of stocks and funds to pick between. In this podcast, Mary McDougall speaks wit...

We’re kicking off 2022 with a double interview. Firstly, everyone’s favourite stock picking expert Simon Thompson is on the pod to discuss the feature he’s written this week: Secrets of Successful Investing. Then IC properties writer Alex Newman joins us off the back of a busy week, with the government asking housebuilders for a 4-billion-pound plan to resolve the unsafe cladding crisis, and a pee...