AJ Bell Money & Markets Tax hikes, M&S fights back, and why the robots are coming
Nov 7, 2025
Simon Edelsten, the Fund Manager of the Goshawk Global fund, sheds light on the fascinating world of robotics and factory automation. He discusses the evolution of robotics, from heavy industrial arms to more delicate tasks, highlighting the integration of AI as the 'brains' behind smarter robots. Edelsten also shares insights on picking winning investments in this sector and addresses the competitive landscape, including the influence of leading Japanese companies and the catch-up efforts of China. A must-listen for tech and investment enthusiasts!
AI Snips
Chapters
Books
Transcript
Episode notes
Primark Split Talk Reemerges
- Associated British Foods reported a 13% profit drop, renewing talk of spinning off Primark from the group.
- Splitting could unlock value for investors who want direct Primark exposure but carries execution risk.
Primark Gains From US Import Changes
- Danni noticed Primark's US business is improving as import loopholes closed and rivals like Temu get pricier.
- This shift boosts Primark's growth case and strengthens the argument for a spin-off.
Spin-Offs Are Not Guaranteed Winners
- Spin-offs can free units to move faster and unlock value, but they often take years to win investor trust.
- Recent examples show spin-offs sometimes struggle or get reabsorbed, so outcomes vary widely.
