Investment Trust Show: How trusts stack up against fund siblings

About this episode

The episode explores the unique aspects of investment trusts, comparing them to funds and discussing their performance and board roles.

This month, the Investment Trust Show focuses in on what makes trusts so unique: from gearing to boards. Hannah Williford and Dan Coatsworth discuss the pros and cons before seeing how they measure up against their sister funds through the numbers. Nick Britton from the Association of Investment Companies joins to explain where the differences emerge.AJ Bell’s Tom Sieber also steps in to interview Utilico Emerging Markets chair Mark Bridgeman to understand what role a board is really playing. Then, two funds investing in private equity, Seraphim Space Investment Trust and ICG, discuss where opportunity lies off the market, and how Seraphim has grown its share price by over 300% in a year. 00:00 Introduction: What makes investment trusts unique 04:30 What does a trust board actually do? (Tom Sieber & Mark Bridgeman) 19:00 Investment trusts vs funds: Who wins? (Nick Britton, AIC) 33:20 Private equity explained: Inside ICG Enterprise Trust (ICG Colm Walsh) 47:45 Space & defence boom: Seraphim Investment Trust (Mark Bogget) 01:06:45 Outro & key takeaways

People in this episode

Hosts: Hannah Williford, Dan Coatsworth, Tom Sieber

Guests: Nick Britton, Mark Bridgeman, Colm Walsh, Mark Bogget

Topics covered

• investment trusts
• fund comparison
• private equity
• board roles
• market opportunities
• share price growth

Keywords

• investment trusts
• funds
• private equity
• share price
• market opportunities
• board roles
• gearing

Mentioned in this episode

Organizations: Association of Investment Companies

Products: Seraphim Space Investment Trust, ICG

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