Money Makers

In this anniversary edition of the Money Makers Investment Trusts Podcast which has now been running for six years, Jonathan Davis, editor of the Investment Trusts Handbook (winner of the AIC Best Broadcast Journalist Award 2024 and 2025) is joined first by Jasmine Yeo, manager of the Ruffer Investment Company (RICA), and then by Charlie Morris, founder of Bytetree Research. These discussions were recorded on Thu 02 Apr 2026. Jonathan is now writing market and other comments on Substack (jdinvestor.substack.com), and for those of you who follow Money Makers on social media, two new channels are now available - TikTok (@moneymakers_its) and Bluesky (@money-makers.co). Do give us a follow! Section Timestamps: 0:00:37 - Introduction 0:01:22 - This week’s guests 0:02:08 - Performance of the markets 0:02:47 - Jasmine Yeo 0:03:12 - Summing up the last year 0:06:40 - The shape of the portfolio 0:11:42 - Higher inflation 0:13:43 - The allocation to bonds 0:18:38 - Monetary policy uncertainty 0:20:39 - Weighting