The Evenlode Podcast

In this month's investment view, as market volatility continues and geopolitical uncertainty remains high, we provide an overview of a few existing and new stocks that we believe offer long-term embedded value for the portfolio. --- Please note, these views represent the opinions of the Evenlode team as of 12th June 2025 and do not constitute investment advice. Past performance is not a reliable i...

In this month's investment view, we provide a further update on the Q1 reporting season in light of recent political headlines, and how this has influenced our analysis of investment opportunities. --- Please note, these views represent the opinions of the Evenlode team as of 27th May 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The...

In this month's investment view, we provide a further update on the Q1 reporting season in light of recent political headlines, and how this has influenced our analysis of investment opportunities. --- Please note, these views represent the opinions of the Evenlode team as of 27th May 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The...

We are now in the final stages of the reporting season for the first quarter of 2025 for companies with 31 December year ends. We usually find the regular rhythm of corporate earnings a useful cue for stock-taking.   --- Please note, these views represent the opinions of the Evenlode team as of 21st May 2025 and do not constitute investment advice. Past performance is not a reliable indicator of f...

We are now in the final stages of the reporting season for the first quarter of 2025 for companies with 31 December year ends. We usually find the regular rhythm of corporate earnings a useful cue for stock-taking.   --- Please note, these views represent the opinions of the Evenlode team as of 21st May 2025 and do not constitute investment advice. Past performance is not a reliable indicator of f...

In this month's investment view, following the aftermath of the changes in US tariff policies, we provide a brief overview of recent company results and portfolio performance, together with a detailed overview of a new holding that was previously held by the portfolio. --- Please note, these views represent the opinions of the Evenlode team as of 9th May 2025 and do not constitute investment advic...

An overview of the performance of the Evenlode Global Opportunities Fund for Q1 2025. --- Please note, these views represent the opinions of the Evenlode team as of 14th April 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Curren...

The Evenlode Global Equity fund returned -0.7% in the first quarter of 2025, ahead of its comparator benchmark, the MSCI World Index, which returned -4.7%. The fund benefited from a general rotation away from the islands of relative strength in 2024 towards a broader palette of ex-US and ex-tech companies. Fundamental results for our companies remained superior to that of the index in Q4 2024. ---...

In this month's investment view, we explain how we approach the delivery of our dividend growth and how managing valuation risk and opportunity in the market is prudent over time. --- Please note, these views represent the opinions of the Evenlode team as of 28th March 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investm...

In this month's investment view, we explain how we approach the delivery of our dividend growth and how managing valuation risk and opportunity in the market is prudent over time. --- Please note, these views represent the opinions of the Evenlode team as of 28th March 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investm...

In this month's investment view, we offer a portfolio update following the podcast we released earlier this week, which addresses the ongoing market turbulence. --- Please note, these views represent the opinions of the Evenlode team as of 11th April 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments can go down as...

In this month's investment view, we offer a portfolio update following the podcast we released earlier this week, which addresses the ongoing market turbulence. --- Please note, these views represent the opinions of the Evenlode team as of 11th April 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments can go down as...

In this month's investment view, we provide an overview of the recent effects of the Liberation Day tariff announcements on global stock markets and our portfolio holdings. --- Please note, these views represent the opinions of the Evenlode team as of 4th April 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments can...

In this month's investment view, as we assess the recent full-year results, we focus on providing an overview of our largest seven holdings. --- Please note, these views represent the opinions of the Evenlode team as of 10th March 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and inv...

In this month's investment view, with two-thirds of the reporting season behind us, we offer a business-level analysis of selected holdings amidst ongoing global uncertainty. --- Please note, these views represent the opinions of the Evenlode team as of 25th February 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investmen...

In this month's investment view, with two-thirds of the reporting season behind us, we offer a business-level analysis of selected holdings amidst ongoing global uncertainty. --- Please note, these views represent the opinions of the Evenlode team as of 25th February 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investmen...

An overview of the performance of the Evenlode Global Equity Fund in 2024. --- Please note, these views represent the opinions of the Evenlode team as of 30th January 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecas...

An overview of the performance of the Evenlode Global Opportunities Fund in 2024. --- Please note, these views represent the opinions of the Evenlode team as of 30th January 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current...

In this month's investment view, we will discuss the year just finished, and share some thoughts on the current outlook. --- Please note, these views represent the opinions of the Evenlode team as of 28th January 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get...

In this month's investment view, as we are in a period of much change and market noise, we thought it would be a good time to take stock of the current equity market and the portfolio’s performance within it. --- Please note, these views represent the opinions of the Evenlode team as of 28th January 2025 and do not constitute investment advice. Past performance is not a reliable indicator of futur...

In this month's investment view, as we are in a period of much change and market noise, we thought it would be a good time to take stock of the current equity market and the portfolio’s performance within it. --- Please note, these views represent the opinions of the Evenlode team as of 28th January 2025 and do not constitute investment advice. Past performance is not a reliable indicator of futur...

In this month's investment view, with the holiday season approaching, the Evenlode investment team have compiled a list of books that we have read over the second half of 2024. Some of these texts are not obvious light-reading for Boxing Day, but we hope you will find something engaging on the list! --- Please note, these views represent the opinions of the Evenlode team as of 19th December 2024 a...

In this month's investment view, we review the performance of the global market in 2024 and how our investment process has guided our investment decisions. --- Please note, these views represent the opinions of the Evenlode team as of 19th December 2024 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments can go down as w...

In this month's investment view, following on from the third quarter results season, we discuss several portfolio holdings to highlight themes we are seeing across the portfolio. --- Please note, these views represent the opinions of the Evenlode team as of 11th December 2024 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of inves...

In this month's investment view, following the outcome of the US election, we summarise the rhetoric of the campaign and its aftermath on the markets, and what the implied tariff picture means for the portfolio. --- Please note, these views represent the opinions of the Evenlode team as of 25th November 2024 and do not constitute investment advice. Past performance is not a reliable indicator of f...