Join Jo Groves, Ryan Lightfoot-Aminoff and David Brenchley from Kepler Trust Intelligence for a roundup of all the news that matters to investment trust investors in September, brought to you in association with Schroders.
In news, Ryan looks at how a comeback from Saba could mean more activity for investment trust investors, as well as passing judgement over a series of other corporate governance activities, including a takeover of PRS REIT, and a surprising de-listing of Petershill Partners.
For the results analysis, we first look East, with David running the rule over Vietnam Enterprise Investments' (VEIL) latest update, before Ryan looks slightly broader at what ATR’s interims had to say. Elsewhere, David looks at NB Private Equity Partners' (NBPE) recent results, as well as providing a summary of the recent podcast with Paul Daggett.
Next, Jo provides a recap of her chat with Sophie Hyunh of BNP, which inspires a discussion of gold holdings amongst Jo, David and Ryan’s own portfolios. Returning to Sophie’s discussion, Jo then summarises her thoughts on the future of the 60:40 portfolio.
Back to our more regular features, we then run the rule over the most bought and sold stocks and investment trusts of the past month, before Jo finishes off with her most high-conviction active funds including her backing of the un-loved UK.
00:00 Introduction
00:25 What’s to come
00:58 Saba Capital’s ETF launch
02:57 PRS REIT’s takeover
04:45 Petershill Partners’ delisting
05:58 The outlook for private asset investment trusts
06:55 VEIL results
07:59 The outlook for Vietnam
09:34 Schroder Asian Total Return (ATR) results
11:53 NBPE results and podcast with manager Paul Daggett
14:05 Does gold warrant a place in portfolios?
17:52 BNP’s Sophie Huynh’s views on the 60/40 equity/bond portfolio
19:08 The most-bought stocks and investment trusts
20:29 The high-conviction active funds Jo invests in and backing the UK
22:33 Risk warning
Special thanks to our sponsors at Schroders, whose support makes this podcast possible - click here to view all of our research on the Schroders investment trust range. This podcast was recorded on 08/10/2025.
