The Wealth Show

First Eagle’s Bill Hench said private equity buyouts can be a foe to the small-cap investor, even if a premium is paid for shares.

Ben Mackie, fund manager at Hawksmoor Investment Management, discusses why the firm decided to sell out of real assets and which funds it sold. He also reveals what the firm held onto and why, including private equity trusts.

JM Finn chief executive Hugo Bedford says that growing consolidation in the UK wealth management space has sprung up opportunities to poach staff from competitors. He noted that JM Finn had received more enquiries recently from rivals than it had in the past decade.

Citywire Wealth Manager's Ross Miller welcomes Charlie White-Thomson, CEO of Saxo UK to the Citywire studio. They discuss how the new generation of investors must adapt to a new paradigm, the race to the bottom in fees (is there such things as a free lunch?), and how a decade-long Goldilocks period has shaped investors' attitude to risk.

Citywire AA-rated Troy Trojan manager Sebastian Lyon said that he reduced his stake in Microsoft and Alphabet over the summer, as he believes market optimism is too high. This was before the tech giants announced that sales had slowed in Q3. The fund manager also said he is ‘battening down the hatches’ and buying short-dated government bonds. Another defensive play in the fund has been to hold a l...

Abrdn’s Harry Nimmo, who is retiring at the end of the year, has seen a lot in a fund management career spanning nearly 40 years. Something he finds particularly disturbing is the emergence of short-sellers, which he says robs companies of the ability to turn things around.

Oli Creasey, head of property research at Quilter Cheviot, speaks about contagion in open-ended UK property funds, after three major strategies gated last week on the back of pension outflows. Creasey speaks about where there are some opportunities in the sector, and why some REIts are down 40% this year.

Rathbone Investment Management co-CIO Ed Smith talks about asset allocation under fiercely volatile conditions, why short-dated US T-Bills are a 'free lunch' for cash-heavy investors, and why mortgage pain could cause a 20% fall in UK property prices.

Araminta Emery explains why she joined Cazenove as an associate wealth planner after a career as a dentist for the RAF.

Caroline Hug sat down with Alpha Female’s top-performing UK female fund manager, Citywire AAA-rated Grace Le, to discuss why bonds have faced what many believe to be the asset class’s worst year in history. The Artemis Corporate Bond manager explains why performance has been challenging, and how the fund has adapted to volatile market conditions.

Jerran Whyte, founder of Belvedere Wealth Management and former SJP partner, spoke about the importance of representation in the UK financial services industry and what drove him to set up a black-owned wealth management firm targeted at members of the black community.

Africa, the world's second largest continent, attracted $83bn of foreign direct investment in 2021. Peter Townshend, Africa equity fund manager at Sanlam Investments, believes that the time is now to invest in Africa and despite its risks the continent is endowed with untapped potential that investors can exploit.

In economic conditions unseen for decades, many investors are looking for a hiding place. Wealth Manager's Ross Miller catches up with Dr Jimmy Muchechetere, healthcare equity analyst at Investec, to explore the current outlook for the pharma/healthcare sector, the role of healthcare in a broader portfolio, and the relationship between healthcare and private investment. They also reflect on the pa...

Chris Rodgers, head of investments at Sanlam speaks about investing through tougher market conditions. He believes there’s too much gloom around Faang stocks, and that there are certain opportunities to be had in consumer staples and housebuilders.

Earlier this week Sue Noffke, head of UK equities at Schroders, spoke about investing in the UK market, despite recessionary fears. She looked at why FTSE large laps aren’t necessarily tied to the health of the UK economy, but also why some mid-caps shouldn’t be disregarded.

Daniel Pinto, founder, chairman & CEO of Stanhope Capital Group spoke to Citywire’s Christopher Johnson about why he is bullish on private equity. Pinto also discussed the impact of inflation on the global economy and why he does not think high levels of inflation will be a permanent feature going forward. He talked about the effect of the Russia-Ukraine crisis on the world and shared his view...

The World Economic Forum’s Alice Charles speaks to Caroline Hug about the biggest challenges facing urban development, and why investors need to allocate capital to social community.

Newton’s CEO Euan Munro spoke to John Schaffer about how physical health can be a warning sign for degrading mental health. He spoke candidly about how he developed Bell's Palsy as a fund manager during the financial crisis, due to the immense stresses of the job.

Alex Pelteshki, AAA-rated manager of the Aegon Strategic Bond fund, told John Schaffer that there are still opportunities to make money in fixed income despite a torrid time for the asset class in 2022.

In this episode of desert island fund picks, Dan Boardman-Weston, CEO and CIO of BRI Wealth Management, names his top strategies for the next year. The following clip is an extract from a profile interview that will be available on the Citywire Wealth Manager website later this month, where we discuss Dan taking over the top job from his father at only 29 years old.

Head of multi-strategy at Sanlam Investments UK, Mike Pinggera, joined Citywire to discuss the Sanlam Real Assets fund’s allocation in renewable energy and his outlook on the clean energy sector following the war in Ukraine. Almost a third of the fund’s weighting is in renewable energy. 60% of this allocation has exposure to onshore and offshore wind, 10% has exposure to solar, 10% has exposure to...

Bryn Jones, head of fixed income at Rathbones discussed how he has managed his £2.5bn Ethical Bond fund under strenuous market conditions. The strategy, which the Citywire AA-rated manager runs alongside Noelle Cazalis, was launched almost 20 years ago, before the creation of the UN’s Sustainable Development Goals (SDGs).

Fidelity signed a partnership with fintech platform Moonfare and invested in the company in October. As part of the tie-up, Fidelity’s clients are able to access Moonfare’s platform, and therefore invest in private equity funds that are on there. Christian Staub, managing director for Europe at Fidelity, says client demand has been significant and for now they are targeting institutional investors...

Raymond James CEO Paul Reilly speaks about the firm’s £279m deal to buy Charles Stanley. Multimedia editor John Schaffer caught up with Paul last week at a restaurant in London where they also spoke about valuations in the UK wealth market. It’s worth noting that the conversation was recorded before RBC’s recent deal to buy Brewin Dolphin for £1.6bn.

Brooks Macdonald chief executive Andrew Shepherd has said his firm may have set over-ambitious goals for its switch to a new operating system. During a visit to Citywire Studios, Shepherd spoke about the delay in the transition to SS&C Technologies software, which increased the wealth firm’s costs, as it missed a late 2021 deadline to make the move.