In this episode, Kyle is joined by interactive investor’s Sam Benstead to examine key trends among the 50 most-popular funds, investment trusts and exchange-traded funds (ETFs) in the second quarter of 2025. Among topics discussed are the types of funds investors are favouring to ‘own the market’, why interest in US funds is cooling, the investment trust sector attracting income-seeking investors, and how the top 50 has changed compared with a year ago. The data discussed is from the ii Top 50 F...
Jul 24, 2025•26 min•Ep. 141
Kyle is joined by Craig Rickman, personal finance editor at interactive investor, to cover the key personal finance announcements made by Chancellor Rachel Reeves in her Mansion House speech this week. The duo examine the government’s ambition to turn Britain into a nation of investors, the news that further changes to ISAs are being considered, and the omission of new pension reforms in the speech. The podcast was recorded remotely shortly after the Mansion House speech. On The Money is an inte...
Jul 17, 2025•24 min•Ep. 140
The Asia-Pacific region is an adventurous area that can potentially add spice to a portfolio. Joining Kyle to share his outlook on the region and talk through how he aims to strike a balance between risks and opportunities, is Doug Ledingham, manager of Pacific Assets Trust. Doug explains why the investment trust has been increasing exposure to China, offers his view on India, and discusses other countries he favours. On The Money is an interactive investor (ii) podcast. For more investment news...
Jul 10, 2025•28 min•Ep. 139
We’re halfway through the year and for investors it has been very eventful. This week’s episode takes a look back at key trends that have played out so far. Joining Kyle to help unpick it all is interactive investor’s Sam Benstead. The duo give their take on the investment lessons from the US tariffs causing stock markets to slump in the first quarter, talk through trends within the funds industry, and crunch the numbers to reveal the best-performing funds and sectors year-to-date. On The Money ...
Jul 03, 2025•29 min•Ep. 138
For income-seeking investors, the UK stock market has a rich dividend heritage. However, an important thing to bear in mind is the highly concentrated nature of UK dividends. In 2024, figures from Computershare show that the top 15 dividend stocks accounted for 59% of all UK dividend payments. To discuss the issue of concentration risk for income-seeking investors backing the UK market, Kyle is joined by Eric Moore, manager of Slater Income fund. Moore explains how he navigates this income risk,...
Jun 26, 2025•19 min•Ep. 137
On the back of stock market volatility picking up in the first half of 2025, our latest episode talks tactics on how to go about building or improving an investment portfolio. Kyle is joined by interactive investor’s Sam Benstead to examine strategies that can be put in place, including potential starter funds for beginner investors, the core/satellite approach, the 60/40 portfolio and percentage weightings. On The Money is an interactive investor (ii) podcast. For more investment news and ideas...
Jun 19, 2025•20 min•Ep. 136
This episode asks whether fund managers should divulge whether they invest in the fund or investment trust they oversee. To discuss the topic, Kyle is joined by interactive investor’s Sam Benstead. The duo cover a recently published report on investment trust ‘skin in the game’, give their views on whether fund managers should disclose their personal stake, and run through the results of a poll on the topic on ii Community. ii Community is a social trading network allowing you to connect with ot...
Jun 12, 2025•20 min•Ep. 135
In this episode, we look at whether global equity markets are sufficiently diversified. Are they too tech heavy and too reliant on the fortunes of the US? Joining Kyle to give his views on the topic is Dean Cook, a multi-asset fund manager at Aviva Investors. On The Money is an interactive investor (ii) podcast. For more investment news and ideas, visit www.ii.co.uk/stock-market-news . Kyle Caldwell is Collectives Editor at interactive investor. Important information: This material is intended f...
Jun 05, 2025•16 min•Ep. 134
In this episode, the focus is on the UK stock market. We examine the sharp sell-off that occurred in early April in response to US tariff uncertainty, and then consider the outlook ahead. Joining Kyle this week is value investor Alex Savvides, manager of the Jupiter UK Dynamic Equity fund. Alex joined Jupiter last October, having previously managed a value fund at JO Hambro for just over two decades. On The Money is an interactive investor (ii) podcast. For more investment news and ideas, visit ...
May 29, 2025•24 min•Ep. 133
Kyle is joined by Mike Seidenberg, who specialises in technology shares and manages Allianz Technology Trust. The episode focuses on how Mike has approached the uptick in volatility for tech shares in 2025 as tariff uncertainty spooked the sector. Mike explains that during the sell-off he bought two Chinese companies to increase the portfolio’s diversification, and runs through his latest thinking on key tech trends, including artificial intelligence (AI). He also shares his outlook for tech sha...
May 22, 2025•24 min•Ep. 132
Having recently passed the first 10 years of pension freedoms, Kyle is joined by friend of the pod Craig Rickman to discuss how pension savers have been taking advantage. The duo explain how income drawdown, where you remain invested and take money out whenever you please, has become the retirement income strategy of choice. Craig also talks through pension withdrawal rates, and also covered the 4% rule and benefits of taking the natural yield from a portfolio. Kyle is funds and investment educa...
May 15, 2025•26 min•Ep. 131
For this week’s episode, the focus is on gold, an asset that’s been performing very well over the past 18 months or so. Kyle is joined by Georges Lequime, a fund manager at Amati Global Investors, to discuss the pros and cons of owning gold, why the precious metal’s been in a rich vein of form, whether gold’s in a bubble, and the outlook for the commodity. Kyle Caldwell is Funds and Investment Education Editor at interactive investor. Georges Lequime is fund manager of WS Amati Strategic Metals ...
May 08, 2025•31 min•Ep. 130
Stock markets have experienced an uptick in volatility over the past couple of months amid uncertainty over US President Donald Trump’s tariff policies. In this episode, Kyle is joined by Craig Rickman to discuss the lessons investors can learn from the stock market sell-off. Kyle also crunches the numbers to see how different types of funds have fared since stock markets started their descent, with the data showing the power of diversification. The episode mentions a recent webinar that took pl...
May 01, 2025•20 min•Ep. 129
In this week's On The Money podcast, interactive investor’s Sam Benstead discusses how active exchange-traded funds (ETFs) work with HANetf head of research Tom Bailey. They cover how active ETFs accurately track their underlying positions, why this type of investment product is becoming more popular, and the advantages and disadvantages of active ETFs compared with investment trusts and open-ended funds. On The Money is an interactive investor (ii) podcast. For more investment news and ideas, v...
Apr 24, 2025•29 min•Ep. 128
With Kyle away, Sam Benstead is back in the chair to host the latest On The Money podcast, which is focused on speculation the government may make changes to the Cash ISA allowance. To examine the topic, Sam is joined by Craig Rickman, personal finance editor. The duo discuss whether this will turn more savers into investors, and how they would change ISAs to make them simpler. On The Money is an interactive investor (ii) podcast. For more investment news and ideas, visit www.ii.co.uk/stock-mark...
Apr 10, 2025•25 min•Ep. 127
Sam Benstead is joined by Felix Wintle, manager of the Tyndall North American fund, to discuss the outlook for American shares. With American shares briefly “correcting” 10% this year, they speak about a range of themes, including the trade war, valuations, opportunities in tech and AI, as well as the economic outlook for America. Wintle shares his best investment ideas, and explains why he avoids all the Magnificent Seven bar one company. On The Money is an interactive investor (ii) podcast. Fo...
Apr 03, 2025•21 min•Ep. 126
Kyle is joined by Myron Jobson, senior personal finance analyst at interactive investor, to discuss ISA millionaires. They cover the number of ISA millionaires on the ii platform and how they invest, as well as their journeys to reach the magic seven-figure portfolio. Listen for tips on how you could reach the milestone yourself. On The Money is an interactive investor (ii) podcast. For more investment news and ideas, visit www.ii.co.uk/stock-market-news . Kyle Caldwell is Collectives Editor at ...
Mar 27, 2025•25 min•Ep. 125
Today’s episode looks at the prospects for investing in India, which has been a top-performing stock market over the past decade, and performed particularly very well following the Covid-19 pandemic. However, returns have cooled lately, with the average India fund down around -17.4% over the past three months, and down -15.8% over the past six months. To find out why this sell-off occurred, Sam Benstead recently interviewed Hiren Dasani, lead manager of the Goldman Sachs India Equity fund, which...
Mar 20, 2025•17 min•Ep. 124
Kyle is joined by Lee Wild, head of equity strategy, to discuss three hypothetical portfolios intended to provide food for thought as part of income investors’ wider research. Kyle and Lee explain how they’ve structured each portfolio and run through the respective line-ups that aim to generate £10,000 of income in 2025. To read the £10,000 portfolio articles, follow the links below: Lee’s shares portfolio Kyle’s funds portfolio Kyle’s investment trusts portfolio On The Money is an interactive i...
Mar 13, 2025•26 min•Ep. 123
This week Kyle’s joined by friend of the pod Sam Benstead to explain why certain funds are consistently popular with investors. The duo also discuss trends, including investors looking to increase diversification within the US stock market. Kyle and Sam also examine three overlooked areas carrying cheap price tags and share some fund ideas. Sam is fixed income lead at interactive investor and, alongside Kyle, regularly interviews fund managers. Kyle Caldwell is funds and investment education edi...
Mar 06, 2025•25 min•Ep. 122
Activist investor Saba Capital has put investment trust discounts in the spotlight. In its view, discounts can leave investors trapped. In this episode, we take a deep dive into discounts, examining whether they are a problem or opportunity for investors. Joining Kyle to discuss this topic is Charlotte Cuthbertson, co-manager of MIGO Opportunities Trust, which specialises in hunting for investment trust bargains. On The Money is an interactive investor (ii) podcast. For more investment news and ...
Feb 27, 2025•25 min•Ep. 121
This episode looks at the investment implications of inflation being more volatile and uncertain over the next decade. According to our guest, Tom Hibbert, multi-asset strategist at Canaccord Genuity Wealth Management, such a backdrop would make it more challenging for 60/40 portfolios (60% in shares and 40% in bonds) to deliver a good return. The renowned 60/40 investment strategy has served investors well over the past couple of decades except in 2022. Hibbert covers what investors should cons...
Feb 20, 2025•14 min•Ep. 120
This week Kyle is joined by Craig Rickman, personal finance editor at interactive investor, to answer a range of listeners’ pension and investment questions. The subjects covered include inheritance tax changes to pensions, whether the pension landscape will change following the appointment of a new pensions minister, defensive funds that aim to protect capital, reducing concentration risk when investing in the US stock market, and the role of investment trust boards. On The Money is an interact...
Feb 13, 2025•25 min•Ep. 119
This week’s episode focuses on the big picture, explaining how the macroeconomic backdrop influences how financial markets perform. To discuss the impact of interest rates, inflation and fiscal policies on stocks and bonds, our guest is Michael Browne, chief investment officer at Martin Currie. On The Money is an interactive investor (ii) podcast. For more investment news and ideas, visit www.ii.co.uk/stock-market-news . Kyle Caldwell is Collectives Editor at interactive investor. Important info...
Feb 06, 2025•19 min•Ep. 118
In this episode the focus is on China, including what the threat of tariffs following Donald Trump’s return to the White House means for Chinese companies and the stock market. To discuss this topic and highlight the opportunities and risks that come with investing in the country, Kyle is joined by Dale Nicholls, manager of Fidelity China Special Situations, an investment trust. On The Money is an interactive investor (ii) podcast. For more investment news and ideas, visit www.ii.co.uk/stock-mar...
Jan 30, 2025•16 min•Ep. 117
This episode takes a deep dive into news that US activist investor Saba Capital is attempting to oust the boards of seven investment trusts in which it is the largest shareholder. In addition, it wants to introduce two new directors that it has chosen. Kyle is joined by Sam Benstead to discuss both sides of the argument, looking at why Saba is calling for change, and how the investment trust boards have responded. The episode also explains how interactive investor customers can cast their votes ...
Jan 23, 2025•28 min•Ep. 116
The start of a year is a good time to consider setting some financial goals. Kyle is joined by Craig Rickman, personal finance editor at interactive investor, to run through practical pointers related to pensions and investments. On The Money is an interactive investor (ii) podcast. For more investment news and ideas, visit www.ii.co.uk/stock-market-news . Kyle Caldwell is Collectives Editor at interactive investor. Important information: This material is intended for educational purposes only a...
Jan 16, 2025•24 min•Ep. 115
In our first episode of 2025, Kyle is joined by Richard Hunter, head of markets at interactive investor, to discuss key drivers for stock markets in the year ahead. On The Money is an interactive investor (ii) podcast. For more investment news and ideas, visit www.ii.co.uk/stock-market-news . Kyle Caldwell is Collectives Editor at interactive investor. Important information: This material is intended for educational purposes only and is not investment research or a personal recommendation to buy...
Jan 09, 2025•20 min•Ep. 114
In our last episode of 2024, Kyle is joined by Richard Hunter, head of markets at interactive investor, to reflect on investment predictions made at the start of the year. Topics discussed include M&A, artificial intelligence and the “Magnificent Seven”, the UK market, recession, inflation, and yields. The recording took place on 9 December 2024. We wish all our listeners a wonderful festive period. If you would like us to focus on a particular topic or have an investment question you’d like...
Dec 19, 2024•21 min•Ep. 113
This episode takes a deep dive into the artificial intelligence (AI) theme. To discuss the topic, Kyle is joined by Chris Ford, manager of the Sanlam Global Artificial Intelligence fund. Ford explains how the theme has broadened since the fund launched in 2017, how he picks potential AI winners, and why he has four of the so-called Magnificent Seven among the top 10 holdings: Nvidia, Microsoft, Amazon and Alphabet. Ford also makes the case for active management versus gaining exposure to AI via ...
Dec 12, 2024•22 min•Ep. 112
