On the eve of the Rugby World Cup, Adam and Scott went up-and-under with Chris Fidyk of Pacific Asset Management on how to avoid the scrum of mega cap US equities. Having spent the past decade investing in the technology winners at a previous investment group, Chris recently launched on his own and now sees the opportunity set away from the largest stocks in the US market.
This month Adam and Paul are in conversation with David Mitchinson from Japan equity boutique Zennor Asset Management. Long known as the ‘widow-maker’ trade, buying Japanese assets has been a fool’s errand for the past twenty years. Is there really something different about today’s Japanese opportunity or will investors have Tamago on their faces once more?
With eyes focused on the Coronation festivities we take a timely look at UK equities. Paul and Adam chat with Artemis’s Ed Legget – they discuss why the asset class has been out of favour for so long and ask whether it’s a market of the past or home to overlooked diamonds. Don’t forget to subscribe if you like what you hear!
In this month's podcast, Adam & Scott chat China equities with Man GLG's Andrew Swan. With state intervention, property woes and covid lockdowns now behind us, will equity markets run hard in the Chinese year of the rabbit?
We kick off 2023 with Strategas Research Partner’s Ryan Grabinski. Discussing what lies in store for the year ahead we chat markets, inflation and crypto. We also revisit our predictions for 2022 – did we get the big themes right or were we way off track?
Can dirty become clean? Adam and Scott sit down with John Teahan of Redwheel Value & Income Team. As large investors in energy, banks and commodities, John explains why he believes that owning and engaging with resource-intensive companies is more powerful than blanket divestment. We explore whether the oil majors can ever be trusted to help deliver the energy transition and how groups such as Redwheel hold their feet to the fire.
Not-Gilty, Your Honour. In this podcast, Adam and Kelly judge the recent UK bond market moves with Allianz pairing Mike Riddell and Guarav Saroliya The defence: Government pressures are a global phenomenon. The cross-examination: The UK Government (of the day!) pouring petrol on an already flaming bond market The verdict: Are government bonds now presenting a multi-year buying opportunity? Don’t forget to subscribe if you like what you hear!
Could more renewable power capacity be the answer to soaring energy costs? Adam chats to Phil Kent and Max Gilbert of Gravis Capital Partners – a boutique asset manager specialising in long-term infrastructure-orientated investments. We explore the potential of the clean energy sector as both a solution to the energy crisis and as an investment opportunity.
Our recent (and much delayed) US research trip finished with a visit to New York and the offices of deep value specialist Pzena Investment. Adam and Scott chat to founder Richard Pzena about his approach to value investing – cheap doesn’t necessarily mean value so how do Richard and his team differentiate between good and bad investments? Richard also discusses how his father inspired him into investing, although he may have been a bit too early in a now very hot investment area…
Inflation is a hot topic and real assets in vogue so in this month's podcast, Adam and Paul chat with Simon Lee of LXI REIT. They explore how the team try to protect against inflation through long dated index-linked property. Up for discussion include the likes of drive thru coffee and food retail outlets plus Life Science campuses and garden centres. If you're worried about the impact of inflation on your or your client's investment this episode's well worth a listen.
We explore income investing and innovation – two connected themes you may not ordinarily associate with Chinese equities. But Liontrust Asset Management’s pairing of Storm Uru and James Dowey do - they explain why they expect China to be remain a hotbed of innovation and the exciting opportunities this dynamic will create. We also chat the Beijing Olympics with behind-the-scenes insight from Storm.
Adam Norris and Anthony Willis with guest Ryan Grabinski of Strategas Research Partners
Adam Norris and Kelly Prior with guest Mark Holman of TwentyFour Asset Management
Adam Norris and Catherine with guest Iván Martin of Madrid based Magallanes Value Investors
Adam Norris and guest Vicki Bakhshi of BMO Global Asset Management
Adam Norris and Scott Spencer with guest Jim Robillard of Spyglass Capital Management
Welcome to the first in our 'Building a Boutique' mini-series! In these candid chats, we ask boutique founders their deepest secrets - motivations, mistakes and triumphs - and how each of these have helped to shape the successful businesses they run today. As multi-manager investors, we not only need to discover the best fund managers in the industry, but we need to learn about the conditions and environment that keeps these managers incentivised to perform. Often, we find these intangible quali...
This month, Kelly and Adam play 'Truth or Myth' with Omotunde Lawal and Kawtar Ed-Dahmani of Barings Emerging Market Debt team. Tune in for their perspectives on which stereotypes are fairy-tale and which are real challenges of fixed income investing in the emerging markets.
Time for something a bit different as Adam and Anthony chat with former US Ambassador to Germany, John Emerson. John formed part of the Obama-Biden administration, so is able to offer real insight into the aims and ambitions of President Biden's economic agenda, the USA's rapprochement to global organisations and why the Democrats may soon only get 'Mom and apple pie' through Congress. The conversation was a really exciting one for the two political nerds on the Multi-Manager People team and we ...
In this month's podcast, Adam and Paul chat with Clive Beagles, manager of JO Hambro UK Equity Income fund. Find out why Clive believes the performance of the UK economy has been staggeringly good this year, the rotation from growth to value has barely started and, as a former professional sportsman, he is content playing in the local cricket 3rd XI.
This time round, Adam and Scott catch up with James Morton, manager of the CIM Dividend Income Fund. Based in Singapore, James’s portfolio contrasts markedly with those of many other Asian income managers – we discuss why. We also chat China’s dominant role in the region, James' experience from a long investment career and, if you're superstitious, why the Chinese Year of Ox may bode well for markets.
How do you find entrepreneurial spirit in a culture where commitment to a sole company is valued above all else? In this month's episode, Kelly and Adam discuss with Jonathan Dobson of Coupland Cardiff blossoming innovation in Japan, the buoyant IPO market and why Kelly eating pizza in Tokyo symbolises a Japanese society on the cusp of change.
Innovative at the time ‘Bowie Bonds’ eventually proved to be a duff note. In this podcast, Adam and Kelly talk to one of TwentyFour Asset Management’s fixed income ‘starmen’ Chris Bowie. We hear how TwentyFour’s ‘Observatory’ tool helps Chris and the team screen and rank ideas as well as consider factors like ESG. We also chat sugar-free diets and succumbing to temptation during lockdown!
While many retailers have been hit by customers clicking to add to their baskets, supermarket aisles remain full of shoppers filling their trolleys by hand. In this episode, Adam and Paul chat to Ben Green of Supermarket Income REIT – one of the UK’s largest buyers of grocery property. We explore the sector’s resilience in the face of online competition and a global pandemic, plus the opportunity it provides investors shopping for returns potential.
Big data is often lauded for its potential power in investment management. But what about alternative data and its role in analysing individual companies? In our latest podcast, Adam and Paul chat with Seb Jory of Tellworth Investments, exploring the edge data driven insights can give stock pickers.
Adam and Scott talk to Edgewood’s Alex Farman-Farmaian about his growth focused approach to investing in US equities. Insights include a fascinating anecdote around Jeff Bezos’s early expectations for his Amazon business.
This month, Adam catches up with fellow team member Anthony Willis to make sense of recent market gyrations and to discuss their expectations for the second half of the year. The podcast was recorded socially distanced from one another, from the comfort of their own homes.
