Brewin Dolphin Podcast

In this week’s Brewin Podcast Guy Foster, Brewin Head of Research, speaks to Ben Lord, the lead manager on the M&G Inflation-linked Corporate Bond Fund and a general outlook on the global bond markets.

In this week’s podcast, Michael Paul, fund analyst at Brewin Dolphin, takes a look at the prospects for the Japanese market from a number of angles.

The conversation begins with some analysis of the political turmoil in Italy and the impact it's having on the European banking sector. The discussion then turns to India where the market is dealing with an isolated (at least for now) bankruptcy from an infrastructure scandal. The interview concludes with a brief glimpse at the opportunities in the US and UK.

In this week’s Brewin Podcast Ben Gutteridge, Brewin Head of Fund Research, speaks to the Godfather of Emerging Markets, Dr Mark Mobius. The conversation wastes no time cutting straight to the challenges facing Emerging Market assets such as dollar strength, a wobbling Chinese economy and building trade tensions. Some time is also taken to discuss, given current conditions, but also longer-term trends, where the most attractive opportunities within Emerging Markets currently lie.

In this week’s Podcast Ben Gutteridge, Brewin Head of Fund Research, conducts an exclusive interview with Standard Life Aberdeen’s co-CEO, Keith Skeoch. The conversation covers the progress of the merger, the trends within the savings industry and the preparedness of the Financial Services sector for a No Deal Brexit. Of course some time is spared for a look at the prospects for Standard Life Aberdeen and, as a former CIO, Keith’s own expectations for markets in the months and years ahead.

In this week’s Podcast Ben Gutteridge, Brewin Head of Fund Research, speaks to Blake Hutchins, Investec’s lead fund manager on their UK and Global Equity Income funds. The conversation is a stock specific one, analysing the prospects for several businesses Blake is backing, namely Tesco, Rolls Royce and the less familiar Integrafin.

In this week’s Podcast Ben Gutteridge, Brewin Head of Fund Research, speaks to Caroline Miller, a Chief Strategist at BCA Research; a leading investment strategy research house based in Montreal. The conversation focuses on BCA’s recent downgrading of global equities to neutral, discussing both the rationale for the increased caution, but also the more supportive factors in play that have prevented an even more defensive move. The debate concludes with some analysis of the dollar, looking at both a short and medium-term expectations, and the impact this could have on other asset classes. A highly informative 20 minutes.

China has been on a rollercoaster for the last year with some indices entering a bear market during 2018. Defaults are rising and the yuan is falling but that creates opportunities for fund managers with the flexibility to take them. One such fund manager is Dale Nicholls who manages the Fidelity China Special Situations Investment Trust and he joins Guy Foster, Brewin Dolphin’s Head of Research to discuss the opportunities which may exist for investors in the Chinese market, notwithstanding the looming risk of more tariffs on Chinese exports. Dale talks about the opportunities he is seeing, the different tools he has to exploit them and the compares the fortunes of the big Chinese internet giants in a week that has seen mixed results from their US equivalents.

In this week’s Brewin Podcast, Ben Gutteridge, Brewin Head of Fund Research, speaks to John Bailer, a senior US equity fund manager at The Boston Company. In a week dominated by political uncertainty, it’s worthwhile reminding ourselves of the other, equally important matters impacting markets. On that basis today’s conversation focuses on the US banking sector, such a crucial signal and determinant of US economic success. The discussion also covers different sectors such as the Energy complex and ‘bond proxies’.

In this week’s podcast, we discuss the escalating trade tension and whether the Chinese authorities have directly orchestrated a move to devalue their currency as a retaliatory measure.

In this week’s podcast Guy Foster, Head of Research at Brewin Dolphin speaks to Sam Tombs, Chief UK Economist at Pantheon Macroeconomics about the outlook for the UK economy and how that will feed into the Bank of England’s thinking. How many rate hikes can we expect to see over the coming months? How will Brexit affect that? How vulnerable is the pound to a Brexit shock? We also discuss whether productivity will ever recover.