AO World, wealth managers & Castings: The Companies and Markets Show

AO World, wealth managers & Castings: The Companies and Markets Show

This week, we begin proceedings with a look at the contrasting fortunes of two UK wealth managers: Aim-traded Tatton Asset Management (TAM) continues to reap rewards from its dominance of the model portfolio market. But its older rival, Rathbones (RAT), ran into trouble this week when it announced it would temporarily stop accepting investments from some higher-risk clients following a review by the regulator. Chris Akers is with us to shed some light on both situations. After that we look at online retailer AO World (AO.), which continues to make a better fist than it once did of operating in an environment of shaky consumer confidence. Erin Withey will talk about the company’s growth strategy and its plans to return money to shareholders. Lastly we turn to Castings (CGS), the 190-year old foundry operator that sells into the HGV market. Mark Robinson is here to analyse its recent results and to consider whether this is a turnaround situation. Timestamps 00:00 Intro 01:03 Wealth Managers 09:47 AO World 20:22 Castings Listen to more podcasts from Investors’ Chronicle on Apple [https://podcasts.apple.com/gb/podcast/investors-chronicle/id951671327], Spotify [https://open.spotify.com/show/0UXC2zQdVzl1n57gqO5oBp] and YouTube [https://www.youtube.com/user/InvestorsChronicle] Investors' Chronicle [https://www.investorschronicle.co.uk/?utm_medium=referral&utm_source=acast&utm_campaign=podcast] has supported private investors in the UK for over 160 years by highlighting rewarding investment [https://www.investorschronicle.co.uk/investment-ideas/?utm_medium=referral&utm_source=acast&utm_campaign=podcast] opportunities. Investors' Chronicle is a service by the Financial Times [https://www.ft.com/?utm_medium=referral&utm_source=acast&utm_campaign=podcast]. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Meeting with Fevara’s CEO: Lee and the IC

Fevara (FVA:127p) may be new in name, but its roots and expertise stretch back more than a century through the former Carr’s Group. In the wake of this major transformation, the livestock supplements company’s focus is now on improving farming productivity through its advanced animal feed technology and supplements, and overseas expansion. Alongside chief executive Joshua Hoopes, Alex Newman and Lord Lee delve into the company’s strategy both at home and in South America. They cover Fevara’s lofty ambitions in Brazil – its acquisitions so far, the competitive advantages of the country, and the company’s targets for long-term growth.  They also discuss why Hoopes believes Fevara can continue growing despite structural changes across the agricultural sector, and issues concerning sustainability and the climate crisis. The trio also explore shareholder returns, dividend policy and the outlook for global cattle markets. Let us know your thoughts, or if you have any questions or any suggestions for future guests, by emailing alex.newman@ft.com [alex.newman@ft.com] TIMESTAMPS 00:00 Intro 02:48 Fevara’s transformation 07:00 Fevara’s feed supplements 17:18 Why Brazil is Fevara’s biggest growth opportunity 27:39 Sustainability, emissions and the future of cattle farming 38:04 Lord Lee’s latest portfolio moves Listen to more podcasts from Investors’ Chronicle by clicking here [https://www.investorschronicle.co.uk/podcasts/] or heading to Apple [https://podcasts.apple.com/gb/podcast/investors-chronicle/id951671327], Spotify [https://open.spotify.com/show/0UXC2zQdVzl1n57gqO5oBp] and YouTube [https://www.youtube.com/user/InvestorsChronicle] Investors' Chronicle [https://www.investorschronicle.co.uk/?utm_medium=referral&utm_source=acast&utm_campaign=podcast] has supported private investors in the UK for over 160 years by highlighting rewarding investment [https://www.investorschronicle.co.uk/investment-ideas/?utm_medium=referral&utm_source=acast&utm_campaign=podcast] opportunities. Investors' Chronicle is a service by the Financial Times [https://www.ft.com/?utm_medium=referral&utm_source=acast&utm_campaign=podcast]. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Investing in photonics, GSK and new opportunities in venture capital: Companies and Markets Show

This week’s show dives straight into safety and equipment maker Halma (HLMA), which reported its full-year results [https://www.investorschronicle.co.uk/content/7be3f693-1ef1-4d58-9ad5-d11994c78be6?utm_medium=referral&utm_source=acast&utm_campaign=editorial] on Thursday morning. It may be time to re-evaluate the company’s description as one of the FTSE 100’s least newsworthy businesses – it has been reaping the rewards of the AI boom. But with increased interest comes heightened expectations, and perhaps this is why its shares tumbled by 15 per cent on the day of the results. Mark Robinson digs into the details on whether this ‘quality stock’ is more volatile than it once was. We then turn to big pharma giant GSK (GSK). The drugmaker made its largest deal in over a decade [https://www.investorschronicle.co.uk/content/d0c7e758-1b5e-4c1e-b1d5-b0fa37e446e0?utm_medium=referral&utm_source=acast&utm_campaign=editorial] earlier this week with the acquisition of US cancer biotech Nuvalent. Julian Hofmann takes a look at the $11bn deal and what it means for the future of the pharmaceutical company. Finally we discuss venture capital trust Molten Ventures (GROW), whose investments in the likes of fintech Revolut and microsatellite operator ICEYE have helped boost its returns. Mark is back to explore its portfolio [https://www.investorschronicle.co.uk/content/bdd51831-9445-46b7-8167-438b4e117f99?utm_medium=referral&utm_source=acast&utm_campaign=editorial] and looks at whether the trust is morphing into something different. TIMESTAMPS 00:00 Introduction 01:22 Halma 14:47 GSK 23:06 Molten Ventures 32:25 Outro Listen to more podcasts from Investors’ Chronicle on Apple [https://podcasts.apple.com/gb/podcast/investors-chronicle/id951671327], Spotify [https://open.spotify.com/show/0UXC2zQdVzl1n57gqO5oBp] and YouTube [https://www.youtube.com/user/InvestorsChronicle] Investors' Chronicle [https://www.investorschronicle.co.uk/?utm_medium=referral&utm_source=acast&utm_campaign=podcast] has supported private investors in the UK for over 160 years by highlighting rewarding investment [https://www.investorschronicle.co.uk/investment-ideas/?utm_medium=referral&utm_source=acast&utm_campaign=podcast] opportunities. Investors' Chronicle is a service by the Financial Times [https://www.ft.com/?utm_medium=referral&utm_source=acast&utm_campaign=podcast]. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

Investing in British Water, Nick Train & CMC: Companies and Markets Show

This week’s show dives straight into trading platform CMC Markets, after its promise of an imminent inflection point sent its shares soaring [https://www.investorschronicle.co.uk/content/fbb821a8-1ce7-4ef1-9d68-489e96b556b5] to the top of the FTSE All-Share leaderboard on Thursday. Julian Hofmann discusses the business’s full-year figures, its big future plans and whether it’s becoming a more reliable investment. We then turn to this week’s Big Read on how to tap into Britain’s mammoth water plan [https://www.investorschronicle.co.uk/content/5f9ca29d-711e-44c5-9440-e7212805ff47]; the £100bn strategy to shore up and hopefully improve the dismal state of the country’s infrastructure. Will it succeed? And will it lead to new business for contractors and those working on new technologies? Hugh Moorhead has the answers. Finally, we take a look at beleaguered fund manager Nick Train’s latest attempts [https://www.investorschronicle.co.uk/content/886d1b9e-6399-4095-9b6c-6c921fdd78b9?srsltid=AfmBOor_ixOTsQeCUIVRNKTsn3wcapGtZPa-usBlhBmMibaO-u15WOkA] to encourage investors to stick by him during a period of significant underperformance. Holly McKechnie tells us what changes are being made to Finsbury Growth & Income Trust (FGT). Read more here: How investors can tap into Britain’s waterworks plan [https://www.investorschronicle.co.uk/content/5f9ca29d-711e-44c5-9440-e7212805ff47?utm_source=social&utm_medium=youtube&utm_campaign=editorial&utm_content=skip] Will Nick Train’s Finsbury Growth turnaround plan work? [https://www.investorschronicle.co.uk/content/886d1b9e-6399-4095-9b6c-6c921fdd78b9?utm_source=referral&utm_medium=acast&utm_campaign=editorial&utm_content=skip] CMC Markets’ shares jump on upgraded outlook [https://www.investorschronicle.co.uk/content/fbb821a8-1ce7-4ef1-9d68-489e96b556b5?utm_source=referral&utm_medium=acast&utm_campaign=editorial&utm_content=skip] TIMESTAMPS 00:00 Intro 01:08 CMC 13:33 Britain’s waterworks 29:15 Nick Train’s new strategy Listen to more podcasts from Investors’ Chronicle on Apple [https://podcasts.apple.com/gb/podcast/investors-chronicle/id951671327], Spotify [https://open.spotify.com/show/0UXC2zQdVzl1n57gqO5oBp] and YouTube [https://www.youtube.com/user/InvestorsChronicle] Investors' Chronicle [https://www.investorschronicle.co.uk/?utm_medium=referral&utm_source=acast&utm_campaign=podcast] has supported private investors in the UK for over 160 years by highlighting rewarding investment [https://www.investorschronicle.co.uk/investment-ideas/?utm_medium=referral&utm_source=acast&utm_campaign=podcast] opportunities. Investors' Chronicle is a service by the Financial Times [https://www.ft.com/?utm_medium=referral&utm_source=acast&utm_campaign=podcast]. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.

‘Bottlenecks are the best way to benefit from AI’: Ali Unwin of Polar Capital Technology

Polar Capital Technology Trust (PCT) is one of the most popular and best-performing tech-focused funds available to DIY investors, having built up its record and fan base long before the likes of AI and ‘Magnificent Seven’ became everyday terms. And deputy manager Ali Unwin has been part of that story since 2021, helping investors access the best and brightest, and yet-to-be-discovered names in the tech world. Val Cipriani sits down with Ali to discuss the fund’s approach in the changing AI space, how to go find the right companies when traditional ways to value stocks are stretched, a world beyond the likes of Nvidia, and plenty more. Investors' Chronicle [https://www.investorschronicle.co.uk/?utm_medium=referral&utm_source=acast&utm_campaign=podcast] has supported private investors in the UK for over 160 years by highlighting rewarding investment [https://www.investorschronicle.co.uk/investment-ideas/?utm_medium=referral&utm_source=acast&utm_campaign=podcast] opportunities. Investors' Chronicle is a service by the Financial Times [https://www.ft.com/?utm_medium=referral&utm_source=acast&utm_campaign=podcast]. ---------------------------------------- Hosted on Acast. See acast.com/privacy [https://acast.com/privacy] for more information.