Fund Your Retirement Podcast

In the latest episode of 'Investing for the Long Term,' hosts Judith McKenzie and Rosemary Banyard welcome James Ashton, Chief Executive of the Quoted Companies Alliance (QCA). James reflects on his diverse and illustrious career, from his early days as a financial journalist to his current role at the QCA. James shares compelling stories from his time interviewing high-profile business figures like Richard Branson and discusses the importance of public equity markets. James also delves into his experience in both ghost writing and authoring books, notably 'The Everything Blueprint' about Arm, and touches on the challenges faced by UK small companies in accessing growth capital. Timestamps: 01:26 Introducing James Ashton 02:48 James Ashton's Career Journey 05:05 From Journalism to the QCA 10:06 Writing and Corporate Stories 16:15 Challenges and Changes in the UK Corporate Scene 20:27 The Unique Role of QCA 20:41 Challenges in the Competitive Landscape 22:14 Reflections on the Financial Crisis 23:54 Advice for Aspiring Journalists 24:46 Mentors and Influences 25:32 Proudest Career Achievements 30:31 The Art of Ghost writing 34:29 Reading and Writing Insights 36:36 Final Thoughts If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about the markets, personal finance, portfolio management and stock analysis. Hope you enjoy this episode and have a wonderful day. Links & Resources: Visit Downing Fund Managers here: https://www.downing.co.uk/downing-fund-managers Follow Downing on X/Twitter @downingllp: https://twitter.com/downingllp?lang=en Investors reading and watch list for the long-term investor: https://www.fundyourretirement.com/wp-content/uploads/2023/11/Top-picks-for-a-long-term-investor.pdf Visit the QCA website: https://www.theqca.com/ Visit Fund Your Retirement: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In an engaging conversation, Lucy Sharman-Munday, Finance Director of Eagle Eye Solutions, shares her career journey, insights into the evolving role of finance directors, and the impact of leadership on company culture. Lucy recounts her transition from aspiring doctor to finance professional, her early career at KPMG, and her experiences in various roles that shaped her approach to business. Lucy highlights the challenges and opportunities of working with strong personalities like Sir Terry Leahy and Tim Mason, and the importance of diversity and mentorship in professional growth. The episode concludes with recommendations for navigating significant business transformations, underscoring the need for strategic focus and innovative thinking. Timestamps: 00:45 Understanding Eagle Eye's Core Business 01:52 Lucy's Early Career Journey 03:12 Transition to Industry and First Major Role 05:14 Joining Eagle Eye and Initial Challenges 13:04 Leadership and Board Dynamics at Eagle Eye 20:33 The Role of a Finance Director 23:47 Career Advice and Personal Reflections 28:22 Proudest Achievements and Initiatives 32:57 Final Thoughts and Recommendations If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about the markets, personal finance, portfolio management and stock analysis. Hope you enjoy this episode and have a wonderful day. Links & Resources: Visit Downing Fund Managers here: https://www.downing.co.uk/downing-fund-managers Follow Downing on X/Twitter @downingllp: https://twitter.com/downingllp?lang=en Investors reading and watch list for the long-term investor: https://www.fundyourretirement.com/wp-content/uploads/2023/11/Top-picks-for-a-long-term-investor.pdf Visit Fund Your Retirement: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In this episode of the Fund Retirement Podcast, host Lee chats with Stuart Hopley, Relationship Director at Scottish Widows. Stuart discusses his unexpected journey into the pensions industry and addresses the major challenges people face with pensions in the UK, including system complexity and a lack of a saving culture. He offers practical advice on tracking down old pensions, the implications of the new pension dashboard, and the importance of regular contributions. The conversation touches on financial education, the challenges faced by the self-employed, and the role of employers in supporting their employees' financial futures. Stuart also shares innovative ideas to engage people in pensions, utilizing social media, gamification, and webinars. Detailed discussions on the importance of pension nominations, the role of financial advice, and practical steps for retirement planning make this episode a must-listen for anyone looking to secure their financial future. Timestamps: 00:28 Understanding Pension Challenges 00:39 Practical Pension Advice 00:49 Financial Education and Employer Support 00:55 Engaging with Pensions: Social Media and Gamification 01:03 Starting the Conversation with Stuart 01:23 Stuart's Career Journey 03:57 The Complexity of Pensions 06:23 Tracking Down Old Pensions 07:28 The Pension Dashboard: A Game Changer 10:46 The Issue of Lost Pensions 12:25 Supporting the Self-Employed 14:38 Pension Awareness and Engagement 23:20 Innovations in Pension Engagement 26:00 The Role of Social Media 28:18 Employer Innovations and Support 28:58 Employer Advocacy and Social Media Trust 30:25 The Future of Pensions and Digitalization 30:55 Gamification in Pension Engagement 36:41 Financial Education and Awareness 42:07 The Importance of Nomination of Beneficiary 45:44 Retirement Planning and Employer Support 48:55 The Role of Financial Advice in Retirement 51:12 Closing Reflections and Quick Fire Questions Hope you enjoy this episode and have a wonderful day. Guest Links & Resources: Stuart Hopely LinkedIn profile: https://uk.linkedin.com/in/stuart-hopley-6ab34124   Sottish Widows Pension Mirror Game: https://www.pensionmirror.co.uk/ Scottish Widows Job Dash Game: https://www.scottishwidowsjobdash.co.uk/   Visit Fund Your Retirement: https://www.fundyourretirement.com/ Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In this episode of 'Investing for the Long Term,' hosts Judith McKenzie and Rosemary Banyard welcome Nicola Barber, an experienced equity investor and portfolio manager with over 35 years in the industry. Nicola shares her unique career journey that began at Rothschild without a university degree and traversed through notable firms such as Barings and James Hambro Partners. The discussion includes insights into her role in managing charities' investments, her approach to navigating the ever-changing markets, and the impact of technology and regulation on investment strategies. Nicola also reflects on the pivotal moments and achievements in her career and offers advice for aspiring professionals in the finance sector. Timestamps: 01:44 Meet Nicola Barber 02:39 Nicola's Early Career 03:59 Challenges and Opportunities at Rothschild 06:49 Understanding Livery Companies 09:25 Career Transitions and Insights 17:42 Joining James Hambro & Partners 22:55 Reflecting on Career Challenges 23:48 Insights into the World of Charities 27:14 Managing Multi-Asset Portfolios 29:39 A Day in the Life of an Investment Partner 34:33 Navigating the UK Market 38:43 Proudest Career Achievements 40:02 Advice to the Younger Generation 40:44 Book and Podcast Recommendations If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about the markets, personal finance, portfolio management and stock analysis. Hope you enjoy this episode and have a wonderful day. Links & Resources:  Visit Downing Fund Managers here: https://www.downing.co.uk/downing-fund-managers Follow Downing on X/Twitter @downingllp: https://twitter.com/downingllp?lang=en Investors reading and watch list for the long-term investor: https://www.fundyourretirement.com/wp-content/uploads/2023/11/Top-picks-for-a-long-term-investor.pdf Visit Fund Your Retirement: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement

In this episode of 'Investing for the Long Term,' hosted by Judith McKenzie Head of Downing Fund Managers and Rosemary Banyard consultant to Downing Fund Managers, the focus is on Malar Velaigam, a director at Dowgate Capital with over 15 years of experience in the capital markets. The conversation delves into Malar's unique career journey from corporate finance in Malaysia to her significant roles in London. They discuss challenges faced by boards, the importance of board composition, and Malar's transition to broking and her first non-executive directorship. The episode also highlights the need for better financial education and market savvy within boards, the state of the UK stock market, and Malar's passion for stocks and growth investing. Insightful commentary is provided on improving market conditions and fostering a more innovative and supportive financial industry. Timestamps: 00:00 Introduction 01:46 Malar's Career Journey 03:22 Transition to Journalism 03:52 Life in London and Career Shifts 05:59 Joining the Broking World 07:09 Balancing Career and Family 08:08 Excitement of Covering Tech 10:08 Investment Mindset Differences 11:52 Financial Education for Youth 13:42 Challenges in Broking 17:40 Importance of Board Composition 20:47 First Non-Executive Directorship 22:58 Balancing Board Skillsets 23:31 Importance of Board Cohesiveness 25:32 Challenges in Company Management 28:14 UK Stock Market Struggles 32:29 Proudest Career Achievement 35:12 Passion for Growth Stocks 37:38 Industry Changes and Challenges If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about the markets, personal finance, portfolio management and stock analysis. Hope you enjoy this episode and have a wonderful day. Links & Resources: Visit Downing Fund Managers here: https://www.downing.co.uk/downing-fund-managers Follow Downing on X/Twitter @downingllp: https://twitter.com/downingllp?lang=en Investors reading and watch list for the long-term investor: https://www.fundyourretirement.com/wp-content/uploads/2023/11/Top-picks-for-a-long-term-investor.pdf Visit Fund Your Retirement: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In this episode of 'Investing for the Long Term,' hosts Judith McKenzie and Rosemary Banyard delve deep into the career and philosophies of Jamie Matheson, former Executive Chairman of Brewin Dolphin. Jamie reflects on his introduction to the financial world, pivotal career moments, and shares key insights about leadership, personal relationships, and the evolution of the financial industry. Judith and Rosemary provide personal anecdotes of their professional crossroads with Jamie, adding layers to his narrative. The discussion covers significant financial events like the 1987 Big Bang, the importance of personal integrity, and how to balance career aspirations with personal ethics. Jamie also discusses his post-Brewin ventures, including his involvement in fund management boutiques and charitable work. This episode offers valuable lessons on professional growth, the power of people in business, and the significance of giving back to the community. Timestamps: 00:01 Introducing Jamie Matheson 01:40 Judith's Early Career with Jamie 03:10 Rosemary's Connection with Jamie 04:45 Jamie's Career Beginnings 05:50 Rising Through the Ranks 10:04 Leadership and Personal Relationships 11:27 Changes in the Financial Industry 14:50 Memorable Anecdotes 18:07 Challenges and Rewards of Leadership 21:48 Transition to Boutique Fund Management 23:19 Becoming Chairman of Saracen 25:15 Consolidating Boutiques: Challenges and Strategies 26:13 The Importance of People in Business 28:09 Navigating the UK Market Landscape 30:11 Passions Beyond Business: Sailing and Yachts 31:27 Involvement with HMS Victory 33:46 Qualities of a Good Board Member 35:31 Reflecting on Career Achievements 37:25 Advice for the Younger Generation 38:41 Recommended Reads and Final Thoughts If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about the markets, personal finance, portfolio management and stock analysis. Hope you enjoy this episode and have a wonderful day. Links & Resources: Visit Downing Fund Managers here: https://www.downing.co.uk/downing-fund-managers Follow Downing on X/Twitter @downingllp: https://twitter.com/downingllp?lang=en Investors reading and watch list for the long-term investor: https://www.fundyourretirement.com/wp-content/uploads/2023/11/Top-picks-for-a-long-term-investor.pdf Visit Fund Your Retirement: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In this episode of 'Investing for the Long Term' Season 2, hosts Judith Mackenzie and Rosemary Banyard are joined by Claire Milverton, CEO of 1spatial, an AIM-listed geospatial technology company based in Cambridge. Claire discusses 1spatial's innovative solutions in location data management, her career journey, and the unique challenges and opportunities of leading a global business in the geospatial sector. The episode also delves into the importance of data accuracy, the transition from finance to CEO, and the future prospects of 1spatial. The conversation provides valuable insights into investment considerations and the evolving landscape of geospatial technology. Timestamps: 00:30 Introducing Claire Milverton, CEO of 1spatial 01:19 Background on 1spatial 02:15 Claire's Career Journey 03:42 Global Reach and Growth 04:05 Building Recurring Revenues 05:40 Challenges and Innovations 14:37 Finance Background and CEO Role 17:14 Investing in Innovation 19:03 Mentorship and Support 21:08 Work-Life Balance 23:06 Being a Listed Company 28:17 Achievements and Advice 31:39 Recommended Books and Podcasts If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about the markets, personal finance, portfolio management and stock analysis. Hope you enjoy this episode and have a wonderful day. Links & Resources: Visit Downing Fund Managers here: https://www.downing.co.uk/downing-fund-managers Follow Downing on X/Twitter @downingllp: https://twitter.com/downingllp?lang=en Investors reading and watch list for the long-term investor: https://www.fundyourretirement.com/wp-content/uploads/2023/11/Top-picks-for-a-long-term-investor.pdf Visit Fund Your Retirement: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In the first episode of season 2 of 'Investing for the Long Term' hosted by Judith McKenzie and Rosemary Banyard, the duo chats with Andy Brough, a prominent figure in the small and mid-cap investment space. Andy shares his career journey, key lessons, and experiences in fund management, providing valuable advice for new and seasoned investors. The discussion touches on the evolution of the investment landscape, the impact of private equity, and the importance of continuous learning and attention to detail in the field. Timestamps: 00:29 Introducing Andy Brough 01:16 Judith and Rosemary's First Encounters with Andy 04:12 Andy's Career Journey 06:03 The Evolution of Fund Management 08:43 Insights on Accounting and Fund Management 11:56 Influential Figures and Mentors 16:09 The State of the UK Market 19:10 Reflections on Government Policies 24:04 Career Achievements and Advice 27:33 The Signature Red Shirt 29:22 Recommended Reads and Final Thoughts Hope you enjoy this episode and have a wonderful day. If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about the markets, personal finance, portfolio management and stock analysis. Links & Resources: Visit Downing Fund Managers here: https://www.downing.co.uk/downing-fund-managers Follow Downing on X/Twitter @downingllp: https://twitter.com/downingllp?lang=en Investors reading and watch list for the long-term investor: https://www.fundyourretirement.com/wp-content/uploads/2023/11/Top-picks-for-a-long-term-investor.pdf Visit Fund Your Retirement: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In this episode of the 'Fund Your Retirement Podcast,' host Lee interviews Simon Evan-Cook, a multi-asset fund of funds manager with over 25 years of experience. Simon shares his journey into fund management, his investment philosophy, and the key principles guiding his strategy, particularly his preference for active fund managers. He discusses the dynamic nature of fund management, how he identifies exceptional fund managers, and the importance of understanding both the art and science behind investing in funds. The conversation also touches on the pros and cons of active versus passive fund management, the impact of fund size on performance, and the emotional challenges investors might face. Simon emphasizes the value of patience, understanding market cycles, and making informed, long-term investment decisions. Timestamps: 01:40 Simon's Journey into Investing 02:50 Discovering the Passion for Fund Management 07:06 Simon's Investment Strategy 12:37 Active vs. Passive Fund Management 20:16 Screening for Fund Managers 20:22 Identifying Extreme Funds 22:54 The Hero's Journey of Funds 25:04 Holding Periods and Fund Manager Longevity 26:26 Challenges of Managing Large Funds 00:05 Understanding Fund Dynamics 31:21 Final Thoughts on Active vs Passive Investing 36:35 Book Recommendations and Closing Remarks If you like the episode, please leave us a review and subscribe for future investor interviews. Hope you enjoy this episode and have a wonderful day. Guest Links & Resources: Visit Simon's Profile on The Dowing Website Here: https://www.downing.co.uk/downing-fund-managers/vt-downing-fox-funds Join Simon's Medium mailing list: https://simonevan-cook.medium.com/ Visit Simon's Billion Dollar Book Club: https://uk.bookshop.org/lists/the-way-of-the-fox-ten-texts? Visit Fund Your Retirement: https://www.fundyourretirement.com/ Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In the final episode of the season, Judith and Rosemary delve into the intricacies of a day in the life of a fund manager. They discuss their roles and responsibilities, which include selecting and monitoring investments, communicating with shareholders, and dealing with regulatory requirements. They share insights into their typical weeks, which vary greatly and can be unpredictable due to market announcements. The episode also highlights the challenges posed by regulatory demands and the importance of long-term investment. The managers reflect on their most rewarding moments, their involvement in additional commitments such as charities, and provide advice for aspiring fund managers. The episode concludes with book and show recommendations. Timestamps: 01:24 Roles and Responsibilities of a Fund Manager 04:08 Weekly Routine and Unexpected Challenges 04:33 Research and Communication 06:44 Regulatory Demands and Governance 12:23 Working from Home and Travel 14:31 Advice for Aspiring Fund Managers 15:21 Challenges and Frustrations 18:52 Proudest Moments and Giving Back 23:53 Career Path and Opportunities 27:16 Book and Podcast Recommendations 31:30 Conclusion and Season Wrap-Up Hope you enjoy this episode and have a wonderful day. If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about the markets, personal finance, portfolio management and stock analysis. Links & Resources:  Visit Downing Fund Managers here: https://www.downing.co.uk/downing-fund-managers Follow Downing on X/Twitter @downingllp: https://twitter.com/downingllp?lang=en Vassal States by Angus Hanton: https://www.amazon.co.uk/Vassal-State-America-Runs-Britain/dp/1800753888 Investors reading and watch list for the long-term investor: https://www.fundyourretirement.com/wp-content/uploads/2023/11/Top-picks-for-a-long-term-investor.pdf Visit Fund Your Retirement: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

This time on The Investors Round Table Roland Head, Mark Simpson, and Graham Neary discuss Interest rates and the investment potential of Property Franchise Group (TPFG), Macfarlane Group (MACF) & Van Elle Holdings (VANL). A healthy three-way debate about the shares they own, their portfolios, and the markets. Timestamps: 1:20 Round table discussing Property Franchise Group (TPFG). 14:00 Round table discussing Macfarlane Group (MACF). 30:50 Round table discussing Van Elle Holdings (VANL). 36:00 Round table discussing Interest rates. If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about portfolio management and stock analysis. Roland Mark & Graham Resources:   Visit FYR for more investors related podcasts: https://www.fundyourretirement.com/ Follow Roland on Twitter: https://twitter.com/rolandhead Visit Roland's Dividends Investing website here: https://www.rolandhead.com/ Follow Mark on Twitter: https://twitter.com/DangerCapital Buy Marks Book here: http://excellentinvesting.org/ Follow Graham on Twitter: https://twitter.com/GrahamNeary Join Graham's Substack newsletter here: https://theinvestorinstitute.substack.com/ Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In part seven of this investing eight-part series, Judith Mackenzie and Rosemary Banyard discuss how they construct a portfolio of stocks and how they manage them. Key topics covered: ·         What is portfolio construction and portfolio management? ·         What types of risks should investors think about when constructing a portfolio of stocks? ·         How do Judith and Rosmary diversify risk across the stocks they own? ·         What tools or software do they use to aid them in managing their investment portfolios? Each episode of this now eight-part series builds on the next as they walk you through an investor's journey. If you have ever wondered what a fund manager does, how they think, the types of investments they look for and what led them to pursue careers in finance and investing? Then you're in the right place, join Judith and Rosemary as they peel back the veil and share their guiding principles and experiences from careers spanning multiple decades in the finance industry as investment fund managers. In the previous episode, Judith, and Rosemary share the highs and lows of meetings with company management, red flags to look out for and their views on annual general meetings. Timestamps:  2:05 Judith and Rosemary share what is portfolio construction and portfolio management. 5:10 What are the key parameters one would need to consider when constructing a portfolio of stocks. 13:10 What are the risks investors should consider when constructing a portfolio of stocks. 17:50 How Judith and Rosemary asses the different weightings of the stocks they own. 23:00 What position size do they use when making their first investment. 25:00 Things to consider when it comes to thinking about sectors when constructing a portfolio of stocks. 29:40 Do Judith and Rosemary use price targets? 32:40 Do Judith and Rosemary have teams that support them in managing their investment portfolios. 34:20 How do Judith and Rosemary manage their thoughts when they are about to push that button. 36:30 What are the constraints to portfolio construction and management? 40:30 Closing thoughts and wrap up. Hope you enjoy this episode and have a wonderful day. The FYR Team If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about the markets, personal finance, portfolio management and stock analysis. Links & Resources:  Visit Downing Fund Managers here: https://www.downing.co.uk/downing-fund-managers Follow Downing on X/Twitter @downingllp: https://twitter.com/downingllp?lang=en Investors reading and watch list for the long-term investor: https://www.fundyourretirement.com/wp-content/uploads/2023/11/Top-picks-for-a-long-term-investor.pdf Visit Fund Your Retirement: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

This time on The Investors Round Roland Head, Mark Simpson, and Graham Neary discuss the latest news from Superdry (SDRY), Dr Martens (DOCS) and Tclark PLC (CTO) and the investment potential of Money Supermarket (MONY), Ramsdens (RFX), Polar Capital (POLR), Ashmore Group (ASHM) and Premier Miton Group (PMI). A healthy three-way debate about the shares they own, their portfolios, and the markets. Timestamps: 1:00 Round table discussing the latest news from Superdry (SDRY), Tclark (CTO) and Dr Martens (DOCS). 17:00 Round table discussing Ramsdens (RFX). 27:30 Round table discussing Money Supermarket (MONY). 36:30 Round table discussing Polar Capital (POLR), Ashmore Group (ASHM) and Premier Miton Group (PMI). If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about portfolio management and stock analysis. Roland Mark & Graham Resources:   Visit FYR for more investors related podcasts: https://www.fundyourretirement.com/ Follow Roland on Twitter: https://twitter.com/rolandhead Visit Roland's Dividends Investing website here: https://www.rolandhead.com/ Follow Mark on Twitter: https://twitter.com/DangerCapital Buy Marks Book here: http://excellentinvesting.org/ Follow Graham on Twitter: https://twitter.com/GrahamNeary Join Graham's Substack newsletter here: https://theinvestorinstitute.substack.com/   Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In part six of this investing eight-part series, Judith Mackenzie and Rosemary Banyard share the highs and lows of meetings with company management, red flags to look out for and their views on annual general meetings, more commonly known as AGM's. Key topics covered: How important are AGMs in your analysis of companies - do either of you attend AGMs? Voting, is it important? What do you tend to vote against? Have you any memorable experiences with management that stand out, good and bad? What red flags put you off management? Each episode of this now eight-part series builds on the next as they walk you through an investor's journey. If you have ever wondered what a fund manager does, how they think, the types of investments they look for and what led them to pursue careers in finance and investing? Then you're in the right place, join Judith and Rosemary as they peel back the veil and share their guiding principles and experiences from careers spanning multiple decades in the finance industry as investment fund managers. Timestamps:  1:40 Judith and Rosemary explain what an AGM is. 3:30 Re-election of directors for listed companies. 5:30 Voting at AGMs and what do Judith and Rosemary vote against. 9:15 Judith and Rosemary's thoughts on AGMs. 12:50 Memorable meetings with company management. 17:30 What characteristics make a good CEO, MD or founder? 24:45 Thoughts on family-led companies. 28:00 Final thoughts and two worthwhile books to read. Hope you enjoy this episode and have a wonderful day. The FYR Team If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about the markets, personal finance, portfolio management and stock analysis. Links & Resources:  Visit Downing Fund Managers here: https://www.downing.co.uk/downing-fund-managers Follow Dowing on X/Twitter @downingllp: https://twitter.com/downingllp?lang=en Investors reading and watch list for the long-term investor: https://www.fundyourretirement.com/wp-content/uploads/2023/11/Top-picks-for-a-long-term-investor.pdf Next annual reports: https://www.nextplc.co.uk/investors/reports-and-presentations/archive Visit Fund Your Retirement: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

This time on The Investors Round Roland Head, Mark Simpson, and Graham Neary discuss the latest news from Ariea (AIEA) and the investment potential of Next (NXT), Burberry (BRBY) and National World (NWOR). A healthy three-way debate about the shares they own, their portfolios, and the markets. Timestamps: 1:00 Round table discussing the latest news announcement from Ariea (AIEA). 11:30 Round table discussing Burberry (BRBY) 22:45 Round table discussing Next (NXT) 32:45 Round table discussing National World (NWOR) Thank you for listening, we hope you enjoyed the episode. If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about portfolio management and stock analysis. Roland Mark & Graham Resources:   Visit FYR for more investors related podcasts: https://www.fundyourretirement.com/ Follow Roland on Twitter: https://twitter.com/rolandhead Visit Roland's Dividends Investing website here: https://www.rolandhead.com/ Follow Mark on Twitter: https://twitter.com/DangerCapital Buy Marks Book here: http://excellentinvesting.org/ Follow Graham on Twitter: https://twitter.com/GrahamNeary Join Graham's Substack newsletter here: https://theinvestorinstitute.substack.com/ Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In part five of this ever-growing eight-part series, Judith Mackenzie and Rosemary Banyard share the highs and lows of a fund manager's investments as they each break down the investments that performed better than expected and the investments that didn't work out as they expected resulting in total loss of capital. Key topics covered: ·         Discussing the companies that didn't work out, as well as they expected. ·         Discussing the companies that exceeded their expectations? ·         This was another great insight into how two seasoned fund managers think and how they view investing for the long term. Each episode of this now eight-part series builds on the next as they walk you through an investor's journey. If you have ever wondered what a fund manager does, how they think, the types of investments they look for and what led them to pursue careers in finance and investing? Then you're in the right place, join Judith and Rosemary as they peel back the veil and share their guiding principles and experiences from careers spanning multiple decades in the finance industry as investment fund managers. In the previous episode, Judith and Rosemary shared how to cultivate the mindset of a long-term investor including their experiences of investing through recessions. Timestamps: 2:00 Judith shares an investment that resulted in a total loss of capital and the reasons why. 9:45 Rosemary shares an investment that went out of business and the reasons why. 15:45 Judith shares a company that has performed exceptionally and the reasons why. 22:30 Rosemary shares a company that is performing well for her now and the reasons why. Hope you enjoy this episode and have a wonderful day. The FYR Team If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about the markets, personal finance, portfolio management and stock analysis. Links & Resources:  Visit Downing Fund Managers here: https://www.downing.co.uk/downing-fund-managers Follow Dowing on X/Twitter @downingllp: https://twitter.com/downingllp?lang=en Investors reading and watch list for the long-term investor: https://www.fundyourretirement.com/wp-content/uploads/2023/11/Top-picks-for-a-long-term-investor.pdf Colossus podcast network: https://www.joincolossus.com/ The Map That Changed The World: https://www.amazon.co.uk/Map-That-Changed-World-Redemption/dp/0140280391/ Visit Fund Your Retirement: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.  

This time on The Investors Round Roland Head, Mark Simpson, and Graham Neary discuss how they analyse company accounts, the latest news from Hargreaves Lansdown (HL) and the investment potential of Plus500 (PLUS), Jet2 (JET2) and Close Brothers (CBG). A healthy three-way debate about the shares they own, their portfolios, and the markets. Timestamps: 1:10 Round table discussing Hargreaves Lansdown (HL). 11:00 Round table discussing Plus500 (PLUS) 22:55 Round table discussing Jet2 (JET2) 38:00 Round table discussing Close Brothers (CBG) Thank you for listening, we hope you enjoyed the episode. If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about portfolio management and stock analysis. Roland Mark & Graham Resources:   Visit FYR for more investors related podcasts: https://www.fundyourretirement.com/ Follow Roland on Twitter: https://twitter.com/rolandhead Visit Roland's Dividends Investing website here: https://www.rolandhead.com/ Follow Mark on Twitter: https://twitter.com/DangerCapital Buy Marks Book here: http://excellentinvesting.org/ Follow Graham on Twitter: https://twitter.com/GrahamNeary Join Graham's Substack newsletter here: https://theinvestorinstitute.substack.com/   Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In today's episode director of the Institute for Fiscal Studies Paul Johnson shares the true cost of running Britain. Paul explores taxes, pensions including auto-enrollment, the ageing population, and the future of the state pension. Paul is perhaps one the UK's known economists, a regular on BBC Radio 4, and writes a column for the Times Newspaper. He is also a published author with a Times bestseller Follow the Money, How Much Does Britain Cost. Key topics discussed: ·         Are we receiving good value for our taxes? ·         Will our taxes keep on rising? ·         Should we just tax the rich? ·         Is growth the answer, or raising taxes? ·         How much does the state pension cost? ·         Does auto-enrollment solve the problem of funding one's retirement? ·         Does the risk measurement process need an overhaul? Timestamps: 1:30 Paul Johnson's journey and career so far. 3:15 Holding the government to account. 4:00 How much the government spends? 6:15 Where does the government get its money from? 7:45 What are the big three expenses for the government finances? 11:05 Are we getting good value for money? 15:00 Will taxes keep on rising? 16:15 Can we tax the rich more? 19:10 Is growth a better option than raising taxes? 22:00 Should defined benefit pensions invest more in equities? 23:14 Overhauling defined benefit default funds. 25:30 Does the pension system need an overhaul? 26:40 Is the state pension sustainable? 28:00 Has auto-enrollment been a success? 32:00 Closing thoughts and wrap up. If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about portfolio management and stock analysis. Links & Guest Resources: Buy Paul's book, Follow The Money Here: https://www.amazon.co.uk/Follow-Money-much-does-Britain/dp/1408714019/ref=asc_df_1408714019/ Institute for Fiscal Studies website: https://ifs.org.uk/ Pauls blog page on the IFS website: https://ifs.org.uk/people/paul-johnson Fundamental Asset Management website: https://fundamentalasset.com/ Follow Fundamental Asset on Twitter: https://twitter.com/fundasset Connect with Chris on LinkedIn: https://www.linkedin.com/in/chris-boxall-835a4222/ Visit FYR For More Investor Related Podcasts: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement   Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

This time on The Investors Round Roland Head, Mark Simpson, and Graham Neary discuss how they analyse company accounts, the latest news from Supreme (SUP) and the investment potential of H&T (HAT), Henry Boot (BOOT), Airea (AIEA) and much more. A healthy three-way debate about the shares they own, their portfolios, and the markets. Timestamps: 1:30 Round table discussing the latest news announcement regarding Supreme (SUP). 11:45 Round table discussing the pawnbroker H&T. 21:20 Round table discussing flooring specialist Airea. 33:45 Round table discussing property developer Henry Boot. 45:30 Round table discussing how they analyse company accounts. Thank you for listening, we hope you enjoyed the episode. If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about portfolio management and stock analysis. Roland Mark & Graham Resources:   Visit FYR for more investors related podcasts: https://www.fundyourretirement.com/ Follow Roland on Twitter: https://twitter.com/rolandhead Visit Roland's Dividends Investing website here: https://www.rolandhead.com/ Follow Mark on Twitter: https://twitter.com/DangerCapital Buy Marks Book here: http://excellentinvesting.org/ Follow Graham on Twitter: https://twitter.com/GrahamNeary Join Graham's Substack newsletter here: https://theinvestorinstitute.substack.com/   Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.

In part four of this now seven-part series, Judith Mackenzie and Rosemary Banyard discuss the importance of investor psychology, and investing through recessions, including how you can cultivate the mindset of a long term investor. Key topics covered: ·         The personality characteristics of someone who thinks and invests for the long term. ·         Investing through the tech bubble. ·         Investing through the financial crisis of 08. ·         Launching a fund in the middle of Covid-19. ·         How Judith and Rosemary tune out of the noise. ·         How to cultivate a mindset of someone who can hold investments through recessions. This was another great insight into how two seasoned fund managers think and how they view investing for the long term. Each episode of this six-part series builds on the next as they walk you through an investor's journey. So, If you have ever wondered what a fund manager does, how they think, the types of investments they look for and what led them to pursue careers in finance and investing? Then you're in the right place, join Judith and Rosemary as they peel back the veil and share their guiding principles and experiences from careers spanning multiple decades in the finance industry as investment fund managers. Timestamps: 2:00 Characteristics and personality traits of someone who thinks long term. 6:15 Clarifying how long is long term when it comes to investing. 9:15 How Judith and Rosemary ignore the noise. 11:30 Holding investments through recessions and drawdowns. 14:45 Investing through the tech bubble. 21:30 Investing through the financial crisis on 08. 25:30 Investing and launching a fund in the middle of Covid-19. 28:15 Developing the mentality to invest through a recession and hold for the long term. Hope you enjoy this episode and have a wonderful day. The FYR Team If you like this episode, please let us know by subscribing for future company reviews and insightful conversations about the markets, personal finance, portfolio management and stock analysis. Links & Resources:  Visit Downing Fund Managers here: https://www.downing.co.uk/downing-fund-managers Follow Downing on X/Twitter @downingllp: https://twitter.com/downingllp?lang=en Investors reading and watch list for the long-term investor: https://www.fundyourretirement.com/wp-content/uploads/2023/11/Top-picks-for-a-long-term-investor.pdf Russel Investments behavioural bias article: https://russellinvestments.com/us/blog/avoid-behavioral-bias Visit Fund Your Retirement: https://www.fundyourretirement.com/ Follow FYR on Twitter: https://twitter.com/FRetirement Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.