Welcome to The Two Johns, the investment trust podcast brought to you by the website www.johnbaronportfolios.co.uk. Each month, John Baron joins former Investors' Chronicle editor John Hughman to discuss the big themes dominating the investment landscape and the important issues affecting the sector, while explaining how these are influencing the way the website's ten live investment trust portfolios are being managed.
In this episode, the two Johns turn their attention to the US and the fallout from President Trump’s ‘Liberation Day’ – events that support our decision to be underweight US equities, and which suggest a great rotation into UK shares could be on the way as the world order shifts once again. We look at the factors behind investment companies’ long-term outperformance of their benchmarks and open-ended counterparts, before turning to the importance of setting long-term investment objectives.