Master Investors

Donald Trump has passed his 100-days-in-office milestone with plenty of shock and awe bullets coming from the Oval Office. Has his administration boosted the world’s largest economy? Perhaps the truth is being reflected in the behaviour of the bond markets. In this podcast with financial economist Victor Hill and Master Investor’s Sarah Lowther, the pair discuss Trump, how the sidelining of Elon Musk has been good news for Tesla shareholders and wider geopolitics including the calm diplomacy of world leaders attending the funeral of Pope Francis. Equally symbolic, Hill reflects, is Charles III's opening of the new Canadian parliament. As politics is played out in real time, Victor also discusses on what is determining the gold, oil and cryptocurrency markets and what market watchers and the curious should be mindful of in terms of UK political manoeuvres and global events of consequence. For more investment and economics analysis plus inspiration please visit our website masterinvestor.co.uk.

Wednesday, 9 April 2025, saw the U.S. impose a 104% tariff on China. Beijing retaliated and raised its levy on U.S. imports to 84%. Will this tit for tat erode globalisation, or had the world trade model started unravelling years before Trump took office the first time round? Financial economist Victor Hill talks to Sarah Lowther about the end-of-life psychology driving Donald Trump's executive orders and how equities aren't in the dire straits some commentators would have investors believe. Victor compares Trump's actions to the Nixon Shock of 1971 and argues that while tariffs could generate significant revenue, they could also lead to increased inflation and a potential recession. As usual there's a silver lining and threads of optimism as Victor concludes that despite market volatility, long-term US Treasury yields and safe-haven assets like gold and the Japanese Yen are showing resilience. For more investment and economics analysis plus inspiration please visit our website masterinvestor.co.uk.

Global Markets: What’s Next? A Deep Dive into Macroeconomics, Markets & Future-Proof Investment Ideas. Join Wilfred Frost, renowned News Anchor at Sky News, in conversation with legendary investor and entrepreneur Jim Mellon at the Master Investor Show 2025. In this exclusive interview, Jim shares his sharp insights on the state of the US economy, upcoming political and market shifts, and how these developments are set to impact investors globally. They also explore emerging opportunities across asset classes and regions—from biotech to AI to alternative assets—offering actionable ideas and foresight into what the next big investment themes could be.

Donald Trump's 'new world order' may sound like a dystopian nightmare, but what impact are his flurry of executive orders and tariff policies having on the sleepless across the globe? Financial economist Victor Hill shares his insights with Master Investor's Sarah Lowther about how the U.S. President's administration is diminishing stock market performance and economic projections while cosying up to The Kremlin. Hill talks about 'Trump Whisperer' Keir Starmer and how the U.K. Prime Minister, his Chancellor of the Exchequer Rachel Reeves and Climate Change minister Ed Milliband are in precarious positions unlike Wes Streeting who is revolutionising the NHS with AI and data-led initiatives. No podcast is complete without an honourable Elon Musk mention and Hill outlines how the armies and mining geologists of the future may be transported to their destinations in Musk's SpaceX fleet. For more investment and economics analysis plus inspiration please visit our website masterinvestor.co.uk.

Financial economist Victor Hill dissects the flurry of executive orders that have defined the first few weeks of Donald Trump's second Presidential term. Is he instigating a trade war or re-opening global negotiations of the past? In this talk with Master Investor's Sarah Lowther, Victor makes a prediction about the conflict in Ukraine and explains why Elon Musk views the upcoming election in Germany as "the most consequential European election since the war". The United Kingdom's fiscal situation is laid bare as is the fate of the 'Tech Bros' with some commentators foreshadowing the 'twilight of the U.S.'s tech oligarchs'. For more investment and economics analysis plus inspiration please visit our website masterinvestor.co.uk.

2025 heralds the second Trump administration predicted to be transactional and strategic, but will it result in ceasefires relating to wars and economic inertia? In this lookahead to 2025, financial economist Victor Hill discusses the global outlook through the lenses of politics, financial markets and the evolution of Muskonomics as the billionaire is used as a litmus test for the EV revolution in China. In this conversation with Master Investor's Sarah Lowther he also delves into the U.K. economic landscape and discusses if there's a sequel to Rachel Reeves' Autumn budget and whether she'll release her fiscal corset. For more investment and economics analysis plus inspiration please visit our website masterinvestor.co.uk.

Greg Bailey, Co-founder and Executive Chairman at Juvenescence, joins Phil Newman for a chat at Investing in the Age of Longevity 2024. Highlighting 2025 as an inflection point for both Juvenescence and the industry as a whole, Greg outlines some of his company's assets as well as the progress made with getting therapeutics into clinical trials. He also looks back at the longevity investment marketplace, and why now is a golden opportunity for investors to get onboard. Summarising Juvenescence's approach as a mix of business models, Greg shares his view on the potential provided by the consumer marketplace. For more investment and economics analysis plus inspiration please visit our website masterinvestor.co.uk.

Kevin Slawin, M.D., Founder and CEO at Eos SENOLYTIX, Greg Bailey, Co-founder and Executive Chairman at Juvenescence, Deepankar (Deep) Nayak, CEO at Deep Longevity, and Dr. Emil Kendziorra, Founder and CEO at Tomorrow Bio, join Phil Newman for a panel discussion at Investing in the Age of Longevity 2024. In their chat, participants answer questions from the audience, and share their views on the envisaged timeline for blockbuster aging therapeutics, as well as realistic overall life span expectations. For more investment and economics analysis plus inspiration please visit our website masterinvestor.co.uk.

Invest. Invest. Invest. Taxation. Taxation. Taxation. Is this the mantra and the reality of the Labour government's first budget in almost fourteen years? Financial economist Victor Hill explains whether the current economic climate and the new Chancellor's measures will reanimate growth in the UK against the country's debt to GDP ratio of over 100%. Hill calculates that by the end of the decade, the U.K. will still be rumbling along with a growth rate of around 1.2 to 1.4% which he says is not disastrous. What may put a spanner in the works for UK exporters though is another Trump presidency which has a fondness for tariffs on non-US made products. While Rachel Reeves' budget is still being scrutinised, Hill says the market expects more details to come about the measures and headline statements. The Bank of England has capitulated on its interest rate predictions before and time will tell if Reeves, as a former Bank of England economist, will do the same. For more investment and economics analysis plu

Brusk Korkmaz is keen to stress that the company he started in his spare bedroom 16 years ago is very much the shareholders company now. The business is Hercules Site Services (LON:HERC) and since 2008 the tech enabled construction company has grown every year with the exception of the year when Covid impacted businesses globally. Korkmaz is delighted with the recent financial milestone the business has achieved – that of the anticipated £105 million turnover for FY24 which is well ahead of market expectations. "We can confidently say that we are well placed to continue growing organically each year," says Korkmaz. Hercules supplies both labour and white collar staff to blue chip clients in the infrastructure and construction sectors. It also has a construction services division where it takes on civil projects in the water industry and has a much-used excavator hire service solution. Significantly it has novel and modern methods for recruitment. It opened its Construction Academy at the beginning of the

Onward Opportunities Limited (LON:ONWD) was launched in March 2023 and just over one year later the investment company was crowned IPO of the Year at the 2024 Small Cap Awards. Lead Fund Manager Laurence Hulse can only speculate why his company won the accolade. "We did what we said we would do. We raised some money. We invested it well and we've grown as a business and created value." Onward’s purpose, says Hulse, is to aggregate a portfolio of investments, an eclectic mix of ideas and opportunities that could generate a lot of value. Indeed over the past twelve months the net asset value of the portfolio has increased by some 20%. "The return we generated last year was in quite a severe bear market for AIM. This year things are looking a little bit more helpful and robust and reducing political uncertainty, I suspect, again, is helpful. There's a very, very healthy pipeline of opportunities to go for in H2. We've delivered 9% so far in the first six months of calendar year ‘24. Our aim is to try and

Created by the 2023 merger of finnCap and Cenkos Securities, Cavendish Plc's (LON: CAV) remit as the U.K.'s newest investment house is a large one. Joint chief executive Julian Morse describes the business as a 'full service investment bank'. "We do everything from the equity capital market side. Look after companies as their brokers, help them raise money, produce research on all of our companies and others in the market, financial advice, but also go right across the spectrum to working with private companies." In addition to Cavendish having highly regarded M&A and debt advisory departments, it also has one of the AIM market's largest equity capital markets tech team. Tech in all its forms of MedTech, FinTech, MediaTech ad infinitum is one sector that contributes to the myriad small-cap growth companies that are the backbone of the U.K. economy and the ones that Cavendish is keen to support. Cavendish is however firmly sector agnostic with a laser like focus on supporting small and medium ent

As the world's first listed space tech fund, Seraphim Space Investment Trust has a first mover advantage in a sector that is starting to get crowded. Private equity, sovereign wealth funds and climate-related funds are now appreciating what Seraphim had predicted years ago in that space tech provides the utilities required for sustainability, digitisation, climate protection and national defence. Managing director and chief executive Mark Boggett says with its 126 strong space tech company portfolio Seraphim is "the most prolific and most active investor in the space market". He talks about how economies are intrinsically linked to space related activities. "If you were to switch off the satellites", he says, "the loss to the U.K. over seven days would be $7 billion." Boggett says the industry globally is worth $450 billion a year, and a few of the companies in Seraphim’s portfolio have already achieved single digit billion dollar valuations and "there's plenty of scope for them to be valued in tens of bill

With economic indicators suggesting the U.K. isn't in as dire a condition as predicted, inflation tamed and the possibility of an interest rate cut just who are the beneficiaries? In this Master Investor webinar, Jonathan Davis talks to Sarah Lowther about how a reduction in the Bank of England's base rate could provide a fillip to the stock markets as it offers relief to companies with stretched balance sheets and stimulates the property market. They discuss the perils of elevating fund managers into rock stars and unpick both the open-ended funds and investment trusts that are doing well and the renewables vehicles on course for a rebound. Davis calls out JP Morgan's Global Growth & Income Trust, Greencoat UK Wind and Bluefield Solar Income Fund as investments that have provided solid returns. "I wouldn't be surprised if you buy them and own them, you're going to get something like nine or ten percent compounded return over a period of years," says Davis who reminds investors that at the same tim

EnSilica Plc's (LON: ENSI) aim is to be recognised as Europe's leading ASIC supplier. ASIC is the acronym for Application Specific Integrated Circuits which helps the analog world marry with the digital. ASICs currently represent approximately seven percent of a silicon chip market forecast to grow to a trillion dollars by 2030. Within that space EnSilica customises ASICs for customers, and the bespoke benefits include better data security and supply chain resilience, which in a supply chain challenged world is a huge bonus. For more investment and economics analysis plus inspiration please visit our website masterinvestor.co.uk.

The fifteen acquisitions that Trident Royalties Plc (LON:TRR) has made in just over three years has been described as a "blistering pace" by its chief executive Adam Davidson. Positioned in the resource sector, Trident acquires royalties in mining companies, and in doing so is entitled to a percentage of generated revenue. "The mining royalty sector is not tiny,' says Davidson. "It's $80 billion in aggregate market cap of mining companies around the world." While other royalty companies focus mainly on gold, Davidson realised there was a gap in the market for "a multibillion-dollar market cap diversified mining royalty company that's got iron ore and copper and zinc as well as gold." Trident is building a pure diversified royalty business. This year it's made five acquisitions across copper, gold, silver, and mineral sands and Davidson is wanting to add nickel and zinc to the portfolio. "We're trying to come up with an index fund style exposure. You can get your exposure to real assets to mining c

In addition to expanding resources to accommodate its growing register of really large and regular customers, Cerillion PLC (LON:CER) has added Generative AI into its product set which gives clients more tools to monetise existing infrastructure. "It's going to be revolutionary across the board", says founder and chief executive Louis Hall, and he should know. He's been with the billing, charging and customer relationship management software solutions provider for over two decades and has been quick to adopt and provide initiatives for customers looking for economical solutions that can be deployed quickly. "A task that might take a good product marketing person, a couple of days sometimes can be completed within minutes", says Hall who recognises that AI is just as useful a tool for Cerillion itself 'in terms of productivity in developing and maintaining software'. With the most recent figures showing record financial performance, the GenAI offering is one device dedicated to protecting Cerillion's lon

Manx Financial Group PLC (LON: MFX) celebrated a financial services first in October 2023 when its Conister Bank became the first Isle of Man bank authorised to accept deposits in the United Kingdom. Chief executive Douglas Grant says being awarded a UK Branch Banking Licence demonstrated regulatory recognition of the company's "really transparent operating business model based on sound economics". Expansion of the group's overall model says Grant will come through diversification. It will come from organic growth, acquisition and backing management teams. "We've got almost like an incubator kind of theory", enthuses Grant who references an FX business the company backed from 'zero' which now "makes a million pounds a year for us". Depositors also have the company's back with Conister Bank passing on interest rate increases to its savers. While that magnanimous gesture resulted in corporate margin contraction, more importantly it made for happy customers. For more investment and economics analysis plus

In times of turbulence, the right investment decisions can make all the difference. Master Investor partnered with Netwealth to help you navigate the economic landscape with confidence and maximise your investment potential in 2024. Master Investor’s Sarah Lowther is joined by Netwealth’s Iain Barnes to share his expert insights and perspectives on the volatile financial markets as well as tools and resources you can use for your own wealth management going into 2024. For more investment and economics analysis plus inspiration please visit our website masterinvestor.co.uk.

Eleanor Davies, Dealflow Steward at VitaDAO, Alex Colville, Co-founder and General Partner at age1, and Patrick Burgermeister, Expert in Life science Investing at Kizoo Technology Ventures, join Phil Newman, Editor-in-Chief at Longevity.Technology, for a panel discussion at Investing in the Age of Longevity 2023. In their chat, participants outline the investment strategies and business models of their respective funds in the longevity sector, as well as their expectations for 2024. Investing in the Age of Longevity 2023 was held on 16 November 2023. The masterclass featured presentations from scientists and business leaders at the cutting edge of the field, giving participants the inside track on the latest aging-related discoveries and investment opportunities. For more investment and economics analysis plus inspiration please visit our website masterinvestor.co.uk.