The Wealth Show

Will clients ‘shop around’ more for wealth managers in the future?

Clients suffer from far too much inertia, and the younger generation will be much more likely to switch wealth managers – according to Shiv Gossain, CEO of AR Wealth Limited. In this week’s episode, we speak to Gossain, who founded AR Wealth Limited after leaving UBS last year, about consolidation…

14 Oct 2024 21 min

‘Adapt or die’ - Can active managers survive in a ‘peak MPS’ market?

Have we reached ‘peak MPS’? That’s the question on the mind of James Sullivan, head of partnerships at Tyndall Investment Management. Reporters Zach Sharif and Natalia Vasnier discuss the saturation of the MPS market, the performance of active versus passive, and the ongoing pressure on fees.

4 Oct 2024 25 min

‘It’s not normal’: AA-rated Whiteley on bond volatility and rate cuts

Adam Whiteley, Insight Investment’s strongly performing head of global credit, discusses the latest moves from central banks, including the Federal Reserve’s first interest rate cut this cycle, and how investors are responding.

25 Sep 2024 29 min

'Clearly a very big thing for us': What next for Schroders' global value team

Senior Schroders investor Nick Kirrage discusses Kevin Murphy's exit and why he's excited to be back looking for cheap UK stocks from banks to property.

11 Sep 2024 38 min

‘It’s not a job for pessimists’: JP Morgan’s Forey on a rough run in EM

Austin Forey, the experienced manager heading JP Morgan’s $30bn-plus fundamental emerging markets team, discusses their recent underperformance and the key calls they are making in India and China.

27 Aug 2024 27 min

Inside the most popular UK equity fund: Man Group’s Henry Dixon

Henry Dixon’s £1.9bn Man GLG Income fund has been somewhat of an anomaly in generating £340m of net sales in H1. In this interview, the Citywire AA-rated fund manager discusses how he has beaten peers, why the wider Man Group’s bearishness on the UK is not an issue; and why…

1 Aug 2024 24 min

£10bn Royal London ESG manager Mike Fox: SDR implementation is ‘not clear’

Royal London Asset Management manager Mike Fox said the FCA’s Sustainability Disclosure Requirements are ‘well intended’, but that it wasn’t clear what asset managers needed to do to be granted one of the new labels.

3 Jul 2024 15 min

Aegon's AA-rated Hanson: Borrowers are playing 'fast and loose' in the high yield market

Thomas Hanson, the manager of more than £1.5bn of global high yield bond funds at Aegon Asset Management, explains why they're running their 'most boring strategy' in five years as pressures grow following a strong run in the sector.

19 Jun 2024 25 min

‘I don’t see euphoria’: Carl Vine on M&G Japan’s meteoric rise to $5bn

Carl Vine’s flagship fund has attracted more than £2bn of inflows in the past year alone, far ahead of its Japanese equity rivals.

19 Apr 2024 37 min

The Aussie value managers going big on Europe and China

Alison Savas discusses Antipodes Partners' move to open a UK office and why the firm's 'pragmatic value' approach can deliver from here.

4 Apr 2024 29 min

Ex-New Statesman journalist: 'Chaos is necessary in politics’

The former deputy editor of the New Stateman discusses what the ‘chaos voter’ looks like in 2024, why voters are moving towards populism, and whether a Labour government victory could signal a ‘post-chaos’ era for the UK. 

28 Mar 2024 20 min

Polar Capital's £9.6bn tech unit doubles down on AI

Ben Rogoff speaks about why he's 'not worried' about elevated share prices in the artificial intelligence (AI) space, and why the asset manager is pulling back from any tech firm that is not involved in the AI theme. Polar Capital's £9.6bn tech unit, which Rogoff leads alongside Nick Evans, accounts…

20 Mar 2024 33 min

M&G's Woolnough: Clients were 'clever' to exit...but so was our inflation bet

M&G's Richard Woolnough discusses his two decades at the firm, how his softer inflation bet led to double-digit returns last year, and why clients were 'clever' to withdraw several billion from his Optimal Income fund over the past five years. 

8 Mar 2024 29 min

Liontrust Special Situations stomachs £2bn outflow as UK investors go global

Anthony Cross, Victoria Stevens and Matthew Tonge discuss the pressure caused by mounting outflows from their £4bn fund over the past three years.

1 Mar 2024 34 min

SJP CIO Justin Onuekwusi: Fee unbundling will make our funds look better

The new investment boss says performance of St. James's Place strategies has been ‘pretty good’ over the long term and that clarity over fees will help like-for-like comparisons.

23 Feb 2024 21 min

Findlay Park 3.0: The giant fund hunting 'forgotten $50bn companies'

Anthony Kingsley, leader of the investment team running the £8.4bn Findlay Park American fund, discusses how both the portfolio and firm are evolving in the era of the Magnificent Seven. 

16 Feb 2024 23 min

Evenlode: Why we’re happy for stocks to sacrifice profits today

Chris Elliott, co-manager of Evenlode’s £1.9bn Global Income fund, discusses sacrificing profitability for company growth and what the boutique has bought for its newer Global Equity fund.

8 Feb 2024 26 min

The rise, fall...and rise again of Baillie Gifford American

Despite returning a stonking 39% last year, Gary Robinson’s £3bn fund has been unable to beat the S&P 500 over three and five years. In this podcast, he discusses opportunities both in and out of the Magnificent Seven, and why he still has faith in Elon Musk. 

2 Feb 2024 24 min

Augmentum CEO Tim Levene: 'A lot of Fintech AI is a bubble'

Tim Levene, CEO of fintech-focused investment trust, says that there will be a huge adoption of AI in the wealth and asset management industries over the next five years. However, he is very sceptical of a slew of businesses that have sprung up in this space. 

25 Jan 2024 29 min

Liontrust's John Husselbee talks up 60:40 - 'If I was banging the table then...'

John Husselbee and James Klempster, who together run Liontrust's £4.5bn multi-asset range, discuss 60:40's renaissance, finding value outside the US and 'calling in a heavyweight' on asset allocation.

17 Jan 2024 27 min