Shows
The Evenlode PodcastEvenlode Global Income Investment View – Review of 2025In this first investment view of 2026 we take a detailed look at the IFSL Evenlode Global Income portfolio, the performance drivers over the last year, and the broader equity market situation. It’s a longer read than our usual monthly missives, but we hope you find the discussion interesting and useful.---Please note, these views represent the opinions of the Evenlode team as of 27th January 2026 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up...
2026-02-1119 minThe Evenlode PodcastEvenlode Global Dividend Investment View – Review of 2025In this first investment view of 2026 we take a detailed look at the IFSL Evenlode Global Dividend portfolio, the performance drivers over the last year, and the broader equity market situation. It’s a longer read than our usual monthly missives, but we hope you find the discussion interesting and useful.---Please note, these views represent the opinions of the Evenlode team as of 27th January 2026 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up...
2026-02-1119 minThe Evenlode PodcastEvenlode Income Investment View – Winter ReadingWith the holiday season upon us, the Evenlode investment team have compiled a list of books that we have read over the second half of 2025. Some of these texts are not obvious light-reading for Boxing Day, but we hope you will find something engaging on the list!---Please note, these views represent the opinions of the Evenlode team as of 18th December 2025 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may...
2026-01-1326 minThe Evenlode PodcastEvenlode Global Opportunities Investment View – Q3 results roundup and AI updateThe third quarter financial reporting period is near complete, with over 90% of the Evenlode Global Opportunities portfolio companies having posted an update. The latest results have strengthened our conviction in the portfolio and provide us a welcome opportunity to update investors.---Please note, these views represent the opinions of the Evenlode team as of 24th November 2025 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money...
2025-12-0108 minThe Evenlode PodcastEvenlode Global Equity Investment View – Q3 results roundup and AI updateThe third quarter financial reporting period is near complete, with over 90% of the Evenlode Global Equity portfolio companies having posted an update. The latest results have strengthened our conviction in the portfolio and provide us a welcome opportunity to update investors.---Please note, these views represent the opinions of the Evenlode team as of 24th November 2025 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money...
2025-11-2808 minThe Evenlode PodcastEvenlode Income Investment View – Summer ReadingIn this month's investment view, as it is summer holiday season, members of the Evenlode investment team have compiled a selection of books that we have read and found interesting over the first half of 2025. Not all of these texts can be described as light reading, but we hope you find the list of interest!---Please note, these views represent the opinions of the Evenlode team as of 28th August 2025 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go...
2025-09-1027 minThe Evenlode PodcastEvenlode Global Opportunities Investment View - Review of Q1 2025An overview of the performance of the Evenlode Global Opportunities Fund for Q1 2025.---Please note, these views represent the opinions of the Evenlode team as of 14th April 2025 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.For more information visit evenlodeinvestment.com
2025-04-3007 minThe Evenlode PodcastEvenlode Global Equity Investment View - Review of Q1 2025The Evenlode Global Equity fund returned -0.7% in the first quarter of 2025, ahead of its comparator benchmark, the MSCI World Index, which returned -4.7%. The fund benefited from a general rotation away from the islands of relative strength in 2024 towards a broader palette of ex-US and ex-tech companies. Fundamental results for our companies remained superior to that of the index in Q4 2024.---Please note, these views represent the opinions of the Evenlode team as of 14th April 2025 and do not constitute investment advice.Past performance is not a reliable indicator...
2025-04-3007 minThe Evenlode PodcastEvenlode Global Equity Investment View - 2024 UpdateAn overview of the performance of the Evenlode Global Equity Fund in 2024.---Please note, these views represent the opinions of the Evenlode team as of 30th January 2025 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.For more information visit evenlodeinvestment.com
2025-02-1107 minThe Evenlode PodcastEvenlode Global Opportunities Investment View - 2024 UpdateAn overview of the performance of the Evenlode Global Opportunities Fund in 2024. ---Please note, these views represent the opinions of the Evenlode team as of 30th January 2025 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.For more information visit evenlodeinvestment.com
2025-02-1107 minThe Evenlode PodcastEvenlode Income Investment View – Winter ReadingIn this month's investment view, with the holiday season approaching, the Evenlode investment team have compiled a list of books that we have read over the second half of 2024. Some of these texts are not obvious light-reading for Boxing Day, but we hope you will find something engaging on the list!---Please note, these views represent the opinions of the Evenlode team as of 19th December 2024 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as...
2025-01-1018 minThe Evenlode PodcastEvenlode Global Equity Investment View – Q3 2024 updateIn this month's investment view, we provide a quarterly update of the Evenlode Global Equity Fund. ---Please note, these views represent the opinions of the Evenlode team as of 23rd October 2024 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.For more information visit evenlodeinvestment.com
2024-10-3113 minThe Evenlode PodcastSummer Reading - Evenlode Investment ViewIn this month's investment view, as it is holiday season, members of the Evenlode investment team have compiled a selection of books that we have read and found interesting over the first half of 2024. Not all of these texts are obvious light-reading material for the beach, but we hope you find the list of interest!---Please note, these views represent the opinions of the Evenlode team as of 23rd August 2024 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments...
2024-08-2826 minThe Evenlode PodcastMarkets Move - Evenlode Global Investment ViewIn this month's investment view, we examine the broad shape of share price moves in recent times and, in comparison, the air of calm that prevails in the Evenlode Global Income portfolio.---Please note, these views represent the opinions of the Evenlode team as of 29th July 2024 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are...
2024-08-0206 minThe Evenlode PodcastDinner Conversations - Evenlode Global Investment ViewIn this month's investment view, following on from some strong returns on the global stock markets, we discuss some of the holdings we have in the portfolio which have benefitted from these strong returns, and others where returns have been more muted.---Please note, these views represent the opinions of the Evenlode team as of 28th March 2024 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money...
2024-04-0308 minThe Evenlode PodcastThemes From Results - Evenlode Investment ViewIn this month's investment view, we discuss some key themes emerging from the recent Q4 results season, and more generally from the current investment environment.---Please note, these views represent the opinions of the Evenlode team as of 8th March 2024 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.
2024-03-1715 minThe Evenlode PodcastSteady as She Goes - Evenlode Global Investment ViewIn this month's investment view, with just over half of the portfolio having reported results for 2023, Ben provides an overview of the recent results season, while Rob examines the disparity of results across different areas of the global economy and emerging economic themes.---Please note, these views represent the opinions of the Evenlode team as of 28th February 2024 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the...
2024-03-1011 minThe Evenlode PodcastConference Season - Evenlode Global Investment ViewIn this month's investment view, Rob Strachan, Investment Analyst on the Global Income team, highlights some of the discussions that he had with brokers and researchers in the most recent conference season in December.---Please note, these views represent the opinions of the Evenlode team as of 23rd January 2024 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency...
2024-01-2409 minThe Evenlode Podcast2023 Review and Outlook for 2024 - Evenlode Investment ViewIn this month's investment view, we will discuss the year just passed, and share some thoughts on the outlook for the year ahead. Economic and geopolitical risks were never far from the headlines in 2023, but most global stock markets ended up posting positive returns for the year, helped by a strong rally in the last two months.---Please note, these views represent the opinions of the Evenlode team as of 15th January 2024 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value...
2024-01-2215 minThe Evenlode PodcastWinter Reading - Evenlode Investment ViewThis month, with the holiday season approaching, the Evenlode Investment team have compiled a list of books that we have read over the second half of 2023, most, but not all, of which have been published in the last couple of years. Some of these texts are not obvious light-reading for Boxing Day, but we hope you will find something engaging on the list!---Please note, these views represent the opinions of the Evenlode team as of 18th December 2023 and do not constitute investment advice.Past performance is not a reliable...
2023-12-2125 minThe Evenlode PodcastPortfolio changes, and a reflection on 2023 - Evenlode Global Investment ViewWe end the year with a little activity in the Evenlode Global Income portfolio, having sold out of two positions and buying two others in their place through November and the early part of December. As we’ll see these are not like-for-like swaps in terms of industry, but in the context of overall portfolio positioning they add some diversification and valuation appeal. At the end we’ll take a quick look back at the year as we enter the holiday season.---Please note, these views represent the opinions of the...
2023-12-2011 minThe Evenlode PodcastLatest Field Notes - Evenlode Investment ViewIn this month's investment view, as we move towards the holiday season, we provide a little colour on several themes and businesses from across the portfolio.---Please note, these views represent the opinions of the Evenlode team as of 8th December 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not...
2023-12-1312 minThe Evenlode PodcastThe Economic Cycle vs The Next Big Thing - Evenlode Global Investment ViewIn this month's investment view, we continue on the theme of third quarter results and discuss what’s going on right now and in the near future for the companies we invest in, and what people are guessing at for the longer term for these businesses.---Please note, these views represent the opinions of the Evenlode team as of 21st November 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not ge...
2023-11-2912 minThe Evenlode PodcastThird Quarter Results - Evenlode Global Investment ViewIn this month's investment view, we will delve into a selection of the third quarter results and explore the wider trends that have driven the fund's robust performance.---Please note, these views represent the opinions of the Evenlode team as of 20th November 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and...
2023-11-2709 minThe Evenlode PodcastQuality Compounding Value - Evenlode Investment ViewIn this month's investment view we discuss two portfolio companies that we mentioned briefly last month. They give a flavour of the valuation and compounding opportunities we see in self-funding, market-leading businesses across a variety of sectors.---Please note, these views represent the opinions of the Evenlode team as of 1st November 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are...
2023-11-0608 minThe Evenlode PodcastThe Big Picture - Evenlode Global Investment ViewIn this month's investment view we provide an initial thematic update as companies start to report on latest revenue figures.---Please note, these views represent the opinions of the Evenlode team as of 25th October 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.For more information...
2023-10-3108 minThe Evenlode Podcast'Old Normal' Vibes - Evenlode Investment ViewIn this month's investment view we discuss how inflation and interest rates are affecting the global economy and the Evenlode Income portfolio.---Please note, these views represent the opinions of the Evenlode team as of 3rd October 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.For...
2023-10-1010 minThe Evenlode PodcastNew(ish) Holdings - Evenlode Global Investment ViewIn this month's investment view, we discuss why a relatively new holding, Diageo, exemplifies both the uncertainties and opportunities that we see developing in the markets.---Please note, these views represent the opinions of the Evenlode team as of 29th September 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not...
2023-10-0304 minThe Evenlode PodcastThoughts Following Results Season - Evenlode Global Investment ViewIn this month's investment view, following on from our 2023 scene setting earlier in the year, we review some themes from the half-year corporate results season and the fund's performance.---Please note, these views represent the opinions of the Evenlode team as of 30th August 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change...
2023-09-0507 minThe Evenlode PodcastSummer Reading - Evenlode Investment ViewThis month, as it is summer holiday season, members of the Evenlode investment team have compiled a selection of books that we have found interesting. We hope you will also find something of interest.---Please note, these views represent the opinions of the Evenlode team as of 1st August 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency...
2023-08-2227 minThe Evenlode PodcastThe Well Invested Grow Stronger - Evenlode Investment ViewIn this month's investment view with the second quarter results season in full swing, we provide an update on Howden Joinery and how they are faring with the ongoing economic and market challenges.---Please note, these views represent the opinions of the Evenlode team as of 1st August 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes...
2023-08-0607 minThe Evenlode PodcastThe Health Care Option - Evenlode Global Investment ViewIn this month's investment view, following on from the recent 3-year anniversary of the Evenlode Global Equity strategy, we discuss the differences between it and the Evenlode Global Income strategy, and discuss the health care sector in detail.---Please note, these views represent the opinions of the Evenlode team as of 27th July 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts...
2023-08-0414 minThe Evenlode PodcastTwo Corporate Themes - Evenlode Investment ViewIn this month's investment view we give an update on two quite different themes that have come up regularly in recent conversations with company management teams. The first is generative AI, the second is supply chains.---Please note, these views represent the opinions of the Evenlode team as of 1st July 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided...
2023-07-1207 minThe Evenlode PodcastInsights and Observations - Evenlode Investment ViewInsights and Observations from the C-suite and implications for the Evenlode Global Equity FundThe summer conference season has begun. During the next few months, management teams will take to the road to share their strategy and explain current performance. We recently attended the Bernstein Strategic Decisions Conference I New York, which hosted over 140 executives from leading US companies across a wide range of industries. This provided us with an opportunity to deepen our knowledge of our coverage companies and to discover potential new ideas. The conference also provided insight into management teams’ th...
2023-07-0506 minThe Evenlode PodcastBusiness Development - Evenlode Global Investment ViewWe are halfway through 2023 and some of the economic questions that arose in 2022 are still being grappled with. Inflation, monetary response in the form of rising interest rates, and the effects on demand continue to be discussed at length, with some businesses also still seeing the effects of demand distortions from the covid pandemic.---Please note, these views represent the opinions of the Evenlode team as of 28th June 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can...
2023-07-0409 minThe Evenlode PodcastHow to Compound a Business - Evenlode Investment ViewIn this month's investment view we discuss the art of compounding a business citing the steady growth of publicly-listed Halma over a 50-year period to its position in the FTSE 100 today.---Please note, these views represent the opinions of the Evenlode team as of 1st June 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject...
2023-06-1013 minThe Evenlode PodcastThe Investment Environment - Evenlode Global Investment ViewIn this month's investment view we discuss what the 'investment environment' means. It's a big topic, one that will mean different things to different people.---Please note, these views represent the opinions of the Evenlode team as of 26th May 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.
2023-06-0910 minThe Evenlode PodcastThrough-Cycle Risk Management - Evenlode Investment ViewIn this month's investment view we provide an overview of the first quarter results season and ongoing supply chain dynamics.---Please note, these views represent the opinions of the Evenlode team as of 2nd May 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.For more information...
2023-05-1310 minThe Evenlode PodcastPainting The Whole Picture - Evenlode Global Investment ViewIn this month's investment view we have selected three businesses from the portfolio where we see positive long-term prospects, but where there are current challenges.---Please note, these views represent the opinions of the Evenlode team as of 24th April 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.
2023-05-1213 minThe Evenlode PodcastResults Round-up - Evenlode Investment ViewIn this month's investment view we focus on the full year results season and provide detail from companies within several of the portfolio's key sectors.---Please note, these views represent the opinions of the Evenlode team as of 31st March 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.
2023-04-0612 minThe Evenlode PodcastConsumer goods (or, some of the notes we do play) - Evenlode Global Investment ViewWhen we penned our review of 2022, we noted that much of the significant market action had been in sectors that we don’t have direct exposure to. The energy sector was the clear standout performer of the year, benefiting from high prices following Russia’s invasion of Ukraine. The finance sector also rose as interest rates increased from nothing to something. The absence of these sectors from the portfolio that we select on behalf of our clients is a deliberate choice. The Evenlode approach requires certain business characteristics, most notably high returns on capital and cons...
2023-04-0512 minThe Evenlode PodcastBanks - Evenlode Global Investment ViewRegular readers will no doubt be surprised to see us weighing in on the banking crisis, given Evenlode’s exclusive focus on companies with high and persistent unlevered return on investment capital. This has always precluded bank ownership by our strategies, but given the materiality of the situation, we felt it important that we help our clients understand our thinking and the relevance of the events to our portfolio and our investment philosophy.---Please note, these views represent the opinions of the Evenlode team as of 27th March 2023 and do not constitute in...
2023-04-0410 minThe Evenlode PodcastSteady Compounding - Evenlode Investment ViewIn this month's investment view we provide an overview of the latest reporting results for the portfolio and three examples of Evenlode companies that have been quietly investing through the recent period of uncertainty.---Please note, these views represent the opinions of the Evenlode team as of 28th February 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency...
2023-03-0609 minThe Evenlode PodcastInvestment Through Thick and Thin - Evenlode Global Investment ViewIn this month's investment view we provide an overview of the latest company updates and hear where businesses are putting their investment focus.---Please note, these views represent the opinions of the Evenlode team as of 22nd February 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed....
2023-03-0208 minThe Evenlode PodcastScene Setting - Evenlode Global Investment ViewIn this month's investment view, we give careful consideration to the economic factors of the global equity market downturn of last year and the real-world concerns of inflation, economic growth and business model sustainability.---Please note, these views represent the opinions of the Evenlode team as of 19th January 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency...
2023-01-2408 minThe Evenlode PodcastReview and Outlook - Evenlode Investment ViewIn this month's investment view we will discuss the year just passed, and share some thoughts on the outlook for the year ahead.---Please note, these views represent the opinions of the Evenlode team as of 17th January 2023 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed....
2023-01-2411 minThe Evenlode Podcast2022 Review - Checking the score - Evenlode Global Investment ViewAfter an upbeat 2021 in equity markets, few could have foreseen what was to follow in 2022. The invasion of Ukraine, rampant inflation, and rates controversy drove headlines and increased market volatility. In this investment view we look back at Evenlode Global Equity’s highlights and consider what lessons we can learn from the past year.Please note this article makes references to certain charts and tables. To view these charts and tables please visit evenlodeinvestment.com/news---Please note, these views represent the opinions of the Evenlode team as of 8th Jan...
2023-01-2011 minThe Evenlode PodcastFive-year hits and misses - Evenlode Global Investment ViewIn this month's investment view, as Evenlode Global Income reaches its five-year anniversary, we provide a critical assessment of the portfolio's performance and pick out some of the high- and low-lights.Please note this article makes references to certain charts and tables. To view these charts and tables please visit evenlodeinvestment.com/news---Please note, these views represent the opinions of the Evenlode team as of 14th December 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go...
2022-12-2315 minThe Evenlode PodcastWinter Reading - Evenlode Investment ViewThis month, with the holiday season approaching, the Evenlode investment team have compiled a list of books that we have read over the second half of 2022. These texts are not obvious light-reading material for Boxing Day, but we hope you will find something engaging on the list!---Please note, these views represent the opinions of the Evenlode team as of 16th December 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and...
2022-12-2225 minThe Evenlode PodcastResults and Silver Linings - Evenlode Investment ViewIn this month's investment view we discuss four Evenlode Income holdings, all of which released full-year or interim results during November.---Please note, these views represent the opinions of the Evenlode team as of 1st December 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.For more...
2022-12-0711 minThe Evenlode PodcastResults Part 2 - Evenlode Global Investment ViewAs of the time of writing, 90% of the Global Income portfolio has reported in the latest round, and the average revenue growth has been 7% year-on-year. Results season gives us a snapshot of the global economy from the perspective of its engine, companies.---Please note, these views represent the opinions of the Evenlode team as of November 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they...
2022-12-0508 minThe Evenlode PodcastMarathon not a Sprint - Evenlode Investment ViewIn this month's investment view we discuss recent results from the portfolio, and our thoughts on the current economic and stock market backdrop.---Please note, these views represent the opinions of the Evenlode team as of October 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.For...
2022-11-0409 minThe Evenlode PodcastResults Part 1 - Evenlode Global Investment ViewThese are increasingly challenging economic times and companies must continue to work hard to navigate the various economic and operational tides that sometimes act in opposing directions. The volatility in the equity market this year reflects the uncertainties created; equities naturally bounce around in value in response to changing corporate fortunes, but there have been some particularly large swings this year.---Please note, these views represent the opinions of the Evenlode team as of October 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future...
2022-11-0104 minThe Evenlode PodcastCurrency Economy Company - Evenlode Global Investment ViewThe year so far has been remarkable in many ways. As sterling-based investors it feels particularly so, as the pound has tumbled in recent days following the new Chancellor’s ‘fiscal statement’ on 23 September. The announcement encouraged financial markets from bonds to currencies to equities to make a statement in return which was not entirely complimentary.---Please note, these views represent the opinions of the Evenlode team as of September 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of inv...
2022-10-1509 minThe Evenlode PodcastInsulation and Opportunity - Evenlode Investment ViewIn this month's investment view we discuss how the portfolio has some reassuring characteristics to cope with recent difficult times.---Please note, these views represent the opinions of the Evenlode team as of September 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.For more information visit...
2022-10-0509 minThe Evenlode PodcastSummer Reading - Evenlode Investment ViewThis month, as it is summer holiday season, members of the Evenlode investment team have compiled a selection of books that we have read and found interesting over the first half of 2022. Most, but not all, are recent. I’m not sure all of these texts are obvious light-reading material for the beach, but we hope you will find something of interest!---Please note, these views represent the opinions of the Evenlode team as of August 2022 and do not constitute investment advice.Past performance is not a reliable indicator of fu...
2022-09-0722 minThe Evenlode PodcastNotes from the East Coast - Evenlode Global Investment ViewAfter months of mounting Zoom fatigue and Teams torment, the Evenlode team was delighted to (finally) be able to hit the road again at the end of May. Six of our analysts and fund managers met with management and investor relations teams from 48 companies on the East Coast of the US, traversing nine states in ten days.---Please note, these views represent the opinions of the Evenlode team as of July 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of...
2022-08-1813 minThe Evenlode PodcastNew Holdings - Evenlode Investment ViewIn this month’s investment view we summarise second quarter/first half results and provide an overview of the four new holdings we added in June.---Please note, these views represent the opinions of the Evenlode team as of July 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed....
2022-08-1610 minThe Evenlode PodcastA Broadening Opportunity Set - Evenlode Investment ViewIn this month's investment view we discuss how, despite the ongoing issues in global political and financial environments, we are seeing a significant broadening out of the investment opportunity set.Please note this article mentions certain charts. To view these charts please visit -evenlodeinvestment.com/news/a-broadening-opportunity-set---Please note, these views represent the opinions of the Evenlode team as of June 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up...
2022-07-1309 minThe Evenlode PodcastMarket Swings - Evenlode Global Investment ViewThe Evenlode team have recently been on a research trip to the US, and we will be sharing an investment view on some of the findings in the near future. Analysing companies is where we are most comfortable, and the trip provided an update and insight across a range of industries.Given market activity in June we thought we would write a short summary of the situation and our view, before sharing some of the findings from our company-specific research.---Please note, these views represent the opinions of the Evenlode team as...
2022-06-2907 minThe Evenlode PodcastQuietly Getting On With It - Evenlode Investment ViewIn this month's investment view we discuss the ongoing challenges the market is facing, but provide a positive perspective for longer-term investors.---Please note, these views represent the opinions of the Evenlode team as of 31st May 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.For...
2022-06-0710 minThe Evenlode PodcastSupply Constraints - Evenlode Global Investment ViewLast month we discussed the challenges that global companies are seeing in managing their cost bases in the face of input cost inflation. These and other worries have hit equity markets, with stocks declining in part due to diminished expectations of profitability. US retailers have been a particular focus, with the share prices of Target and Walmart falling sharply as they reported weaker than expected margins.---Please note, these views represent the opinions of the Evenlode team as of May 2022 and do not constitute investment advice.Past performance...
2022-05-3106 minThe Evenlode PodcastFirst Quarter Results - Evenlode Investment ViewIn this month's investment view we discuss the current macro-economic and geopolitical factors and how they have impacted the first quarter's results.---Please note, these views represent the opinions of the Evenlode team as of 30th April 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.For...
2022-05-0907 minThe Evenlode PodcastGlobal Demand - Evenlode Global Investment ViewAs market volatility continues in global equity markets, this month we summarise how Q1 2022 results have fared for the consumer goods and healthcare sectors.---Please note, these views represent the opinions of the Evenlode team as of April 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed....
2022-05-0506 minThe Evenlode PodcastInflation and Long Term Investing - Evenlode Investment ViewIn this month’s investment view we discuss recent input cost inflation dynamics, and several fundamental factors that are helpful for companies in a more inflationary environment.---Please note, these views represent the opinions of the Evenlode team as of March 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not gu...
2022-04-0510 minThe Evenlode PodcastMarch 2022 - Evenlode Global Investment ViewThe war in Ukraine continues to dominate the news agenda and has driven volatility in commodity and equity markets. Large intraday price swings have become routine as traders digest the latest developments in the conflict, the impact of sanctions in Russia, and the effects of reduced supply of energy, industrial and soft commodities.Table and charts mentioned in this episode can be found here.---Please note, these views represent the opinions of the Evenlode team as of March 2022 and do not constitute investment advice.Past performance is not...
2022-03-2409 minThe Evenlode PodcastCorporate Performance - Evenlode Global Investment ViewThe outbreak of war in Ukraine is unwelcome and shocking. We hope for a rapid end to hostilities. In this investment view we also examine corporate performance.Table and charts mentioned in this episode can be found here.---Please note, these views represent the opinions of the Evenlode team as of February 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current...
2022-03-0409 minThe Evenlode PodcastField Notes - Evenlode Investment ViewIn this month’s investment view we consider the impact of the fast-moving Russia-Ukraine situation, and discuss some key themes from recent company results.---Please note, these views represent the opinions of the Evenlode team as of February 2022 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.Fo...
2022-03-0412 minThe Evenlode Podcast2021 Review and Outlook for 2022 - Evenlode Global Investment ViewSince launching the Evenlode Global Equity fund in July 2020, we have operated in remarkable economic conditions. The global pandemic increased financial market volatility, with recurrent bouts of uncertainty sparked by new virus variants and potential public health responses. In the equity markets, 2021 will be remembered for a market resurgence led by technology stocks as the global digital transition was accelerated by COVID’s persistence. In this investment view, we review the fund’s performance over the past year, recent portfolio changes, and the valuation environment for 2022.Table and charts mentioned in this...
2022-01-2810 minThe Evenlode PodcastReview and Outlook - Evenlode Investment ViewWe will, as usual, use this January investment view to discuss the year just passed and share some thoughts on the outlook for the year ahead.During 2021, trends within the UK stock market were quite choppy but, when all was said and done, vaccination programmes progressed at a rapid rate, the world started to live with the pandemic, the global economy recovered, investor sentiment was positive, and returns were strong.Evenlode Income rose +17.7%, compared to a +18.3% rise for the FTSE All-Share Index and +17.3% for the IA UK All Companies Sector.Table and...
2022-01-2512 minThe Evenlode PodcastWinter Reading - Evenlode Investment ViewIn my November investment view, I discussed recent developments within the Evenlode Income portfolio and our optimism on long-term prospects given the combination of quality and future return potential that we see in the fund’s underlying holdings. In January, I will review 2021 in full and discuss the outlook for 2022.This month, with the holiday season approaching, the Evenlode investment team have compiled a list of books that we have read over the second half of 2021, most of which have been published in the last year or two. I’m not sure all these...
2021-12-2716 minThe Evenlode PodcastHidden Champions - Evenlode Investment ViewUp until the last week of November, Mr Market’s mood was quite positive thanks to the continuing global economic recovery. However, sentiment in global stock markets took a turn for the worse at the end of November, as the new Omicron Covid variant emerged in South Africa. As I write, the FTSE All-Share has returned +12.9% so far in 2021 and the Evenlode Income fund has returned +13.8%. ---Please note, these views represent the opinions of the Evenlode team as of 26th November 2021 and do not constitute investment advice.Past performance is not...
2021-12-0708 minThe Evenlode PodcastKey Sectors - Evenlode Global Investment ViewAs the nights are drawing in and a turbulent 2021 approaches a close, we naturally consider what has come to pass, and what the future might hold. The latter is difficult at the best of times, but we at least can reflect on recent history. ---Please note, these views represent the opinions of the Evenlode team as of November 2021 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the...
2021-11-2710 minThe Evenlode PodcastThird Quarter Results and Upcoming Fourth Anniversary - Evenlode Global Investment ViewLast month we found ourselves balancing short-term news-flow with long-term reflections. The third quarter reporting season has begun in earnest, giving investors a window into companies’ post-pandemic plans and ambitions. At the same time, we are rapidly approaching the fourth anniversary of Evenlode Global Income. When we launched the fund in late November 2017, we could not have imagined the macro events that were to follow. As the economic recovery from the pandemic continues, we would like to sincerely thank all those who have invested alongside us over a truly remarkable period and look forward to (ho...
2021-11-2508 minThe Evenlode PodcastConsumer Brands - Evenlode Investment ViewThis month we would like to briefly discuss Evenlode Income’s consumer branded goods holdings, and why we feel they are good investments for the long term. These companies have seen their share prices lag the broader market in 2021: partly because they have been deemed too boring for Mr Market so far this year, with investors more interested in other sectors with a higher gearing to both the recent economic recovery and rising commodity prices. The share prices of these companies have also lagged because investors have worried about the impact of rising input costs on...
2021-11-0211 minThe Evenlode PodcastValues - Redux - Evenlode Global Investment ViewBack in May we wrote about the valuation environment in global equities, with markets having risen significantly from pre-pandemic levels. As we sit four months on the MSCI World index has risen further by 8.4% in sterling terms, and 4.6% in dollar terms, the pound having weakened a little over that time. So the question of equity valuations has not gone away, and the shape of the question is similar.---Please note, these views represent the opinions of the Evenlode team as of 28th September 2021 and do not constitute investment advice.Past...
2021-10-0509 minThe Evenlode PodcastThe Business of Investing - Evenlode Investment ViewGlobal stock markets have weakened a little in September. The Covid situation is improving on the whole, with case rates stabilising or falling in many regions. A few clouds have gathered though, complicating the economic picture: China’s slowdown and property market woes continue; global fiscal policy is tightening as furlough schemes begin to tail off; central banks are beginning to hint at tightening monetary policy over coming months; oil and gas prices have risen; and Covid-related supply chain disruptions continue.---Please note, these views represent the opinions of the Evenlode team as...
2021-10-0410 minThe Evenlode PodcastSummer Reading - Evenlode Investment ViewAs it is the summer holiday season, members of the Evenlode investment team have compiled a selection of books that we have read and found interesting over the first half of 2021. Many of the books included are business biographies, or cover technology or history of some kind. Most (but not all) are recent. And I’m not sure all of these texts are obvious light-reading material for the beach! But we hope you’ll find something of interest.---Please note, these views represent the opinions of the Evenlode team as of A...
2021-08-2121 minThe Evenlode PodcastConsumer Trends - Part 2: Alcohol - Evenlode Global Investment ViewLast month in our investment view we examined the move towards plant-based diets and how consumer goods companies are responding to the growing market opportunity. In this investment view we examine how consumer and societal attitudes are evolving to the most ubiquitous social lubricant, alcohol.---Please note, these views represent the opinions of the Evenlode team as of July 2021 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not...
2021-08-0909 minThe Evenlode PodcastThemes from Results - Evenlode Investment ViewDuring July, the UK stock market has been range-bound with investors contemplating a mixed backdrop. The coronavirus situation continues to improve in many regions, with vaccination programmes progressing well. Disruption from the virus, however, has by no means ended: global case rates are high and rising in certain regions (the US, South East Asia etc.) and some restrictions have been re-imposed over recent weeks.Listen to this episode to find out how some of the companies in the portfolio are managing in this current environment.---Please note, these...
2021-08-0813 minThe Evenlode PodcastUnfashionable Resilience - Evenlode Investment ViewThe UK market started strongly in June but then erased most of its gains in the second half of the month. Covid cases are on the rise again in several regions, including Asia, and this has led to the reimposition of restrictions in several countries. Thoughts are also now beginning to turn to the gradual withdrawal of crisis-induced fiscal stimulus programmes, such as furlough schemes, over coming months. Meanwhile, leading indicators are hinting that the rate of the global economic recovery may be slowing.Listen to this episode to find out how some of the...
2021-07-0608 minThe Evenlode PodcastConsumer Trends - Part 1: Plant-based foods - Evenlode Global Investment ViewAt Evenlode we believe that it is vital for companies to adapt and change over time in order to stay relevant to their customers.The consumer goods sector is an important one for the Evenlode Global Income portfolio, currently making up over a quarter of the fund across food, beverage, home and over-the-counter health care.As such, we take a great interest in emerging trends in consumer tastes. One of these is the growing demand for plant-based foods, which we’ll examine in this investment view.---Please note, these views re...
2021-06-2607 minThe Evenlode PodcastValues - Evenlode Global Investment ViewThere are lots of theories as to why equity market values might look high. Chief among them are low interest rates pushing investors into equities to seek returns, and governmental stimulus putting cash in the pockets of people willing to have a punt on stocks (especially in the US). We find this sort of question interesting, but as interesting a question as it is, it is not information we use to make decisions. Listen to this episode to find out how we measure value.---Please note, these views...
2021-06-1211 minThe Evenlode PodcastShip of Theseus - Evenlode Investment ViewThe Ship of Theseus is one of the oldest philosophical thought experiments. Theseus, the great mythical hero of Athens, slayed the minotaur in Crete and returned to Athens where his ship was kept in the harbour as a memorial. Over the years the planks, masts, sails etc. were gradually replaced as they decayed. Eventually, all the pieces had been replaced but the ship still stood there in the harbour. Which raises the question, is it still the same ship?We're often reminded of this question when considering the long-term history of listed companies.
2021-06-1110 minThe Evenlode PodcastRabbits and Compounders - Evenlode Global Investment ViewThomas Austin is infamous throughout Australia. Not an outlaw in the mould of Ned Kelly, nor a bodyline bowling cricketer under the visiting Douglas Jardine, instead Austin is remembered for one of the greatest ecological disasters to hit the antipodean continent, the introduction of rabbits. In investment, exponential growth is referred to by another name, “compounding”. With the launch of our new fund, Evenlode Global Equity, we focused on attributes shared by serial outperformers and created a checklist of three key factors.Listen to this episode to find out more.---...
2021-05-2511 minThe Evenlode PodcastLong Term Themes - Evenlode Investment ViewThe world is by no means out of the coronavirus woods yet, but much of the global economy is now recovering from the worst of the pandemic. Conversations with management teams have therefore turned, increasingly, to post-crisis opportunities and investment plans. On this note, we think the Evenlode Income portfolio is well placed to benefit from several structural growth themes. Listen to this episode to find out why.---Please note, these views represent the opinions of the Evenlode team as of April 2021 and do not constitute investment advice....
2021-05-0811 minThe Evenlode PodcastEvolution - Evenlode Global Investment ViewOver the course of the last year, new variants of the damaging and novel coronavirus have evolved and are now being sequenced and detected.Viruses do change rapidly by their nature, part of the biological mechanism that can make them successful in the battle for survival of the fittest.The human race has of course been rapidly developing its defences in the form of vaccines, which have been successful so far, and lockdowns, as a more immediate attempt to reduce the spread of the virus. The volatility induced in equity markets by this...
2021-05-0508 minThe Evenlode PodcastOpportunities For Growth - Evenlode Investment ViewGlobal stock markets have been a bit mixed during March, though both Evenlode Income and the UK market have posted a positive return. Reopening optimism continues, somewhat tempered by the announcement of further lockdowns in Europe following a rise in cases, and a less positive trend in economic leading indicators versus expectations. Commodity and energy prices also fell in the second half of the month.In this episode we give an overview of how some of the companies in the Evenlode Income Fund are performing so far this year.---Please n...
2021-04-0816 minThe Evenlode PodcastCorporate Results Season, No Tea - Evenlode Global Investment ViewCorporate results season is here. In this episode we look at the performance of the companies within the Evenlode Global Dividend and Evenlode Global Income Funds.The charts referenced in this episode can be viewed at - https://evenlodeinvestment.com/news/corporate-results-season-no-tea---Please note, these views represent the opinions of the Evenlode team as of March 2021 and do not constitute investment advice.Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back...
2021-03-2409 minThe Evenlode PodcastPieces of Good Companies - Evenlode Investment ViewGlobal stock markets have resumed their climb higher in February, spurred by optimism that the worst of the Covid crisis may begin to pass over coming months. The pendulum of investor sentiment has swung a long way in the last 12 months. Last March, the presiding sentiment was fear, but in today’s stock market it is fear-of-missing-out.In this episode, we look at the performance of the Evenlode Income Fund so far this year, and why over the long term it pays to own pieces of good companies.---Please no...
2021-03-0410 minThe Evenlode PodcastEuropean Innovation - Evenlode Global Investment ViewAs eyes turn to the post-pandemic world, investors’ imaginations have been captured by tech giants across America and Asia, whilst in stark contrast, Europe’s corporate elite in more traditional industries have faced difficult questions over their ability to keep pace. In this episode, we consider the innovation prospects for three leading European companies operating in three different industries, all currently held by the Evenlode Global Income fund.---Please note, these views represent the opinions of the Evenlode team as of February 2021 and do not constitute investment advice.For more info...
2021-02-2109 minThe Evenlode PodcastThrough and Beyond the Crisis - Evenlode Investment ViewAs we all turn the page on the extraordinary year that was 2020, we will as usual use this investment view to review the year just passed and to share some thoughts on the outlook for the coming year and beyond.To view the table mentioned in this episode please click here.---Please note, these views represent the opinions of the Evenlode team as of January 2021 and do not constitute investment advice.For more information visit evenlodeinvestment.com
2021-02-1613 minThe Evenlode PodcastHappy Medium - Evenlode Global Investment ViewHappy new year to all of our co-investors and readers. 2021 surely can’t turn out to be more dramatic than 2020 can it?In this episode we provide an overview of last years performance of the Evenlode Global Income Fund, as well as our thoughts going forward into 2021.To view the charts and tables mentioned in this episode visit https://evenlodeinvestment.com/news/evenlode-global-investment-view-january-2021---Please note, these views represent the opinions of the Evenlode team as of January 2021 and do not constitute investment advice.For more information visit ev...
2021-01-1615 minThe Evenlode PodcastWinter Reading - Evenlode Investment ViewThis month, as holiday season is approaching, the Evenlode investment team have compiled a selection of books that we have read and found interesting over the second half of 2020. We're not sure all of these texts are obvious light-reading material for Boxing Day. However, we hope you'll find something of interest.---Please note, these views represent the opinions of the Evenlode team as of December 2020 and do not constitute investment advice.For more information visit evenlodeinvestment.com
2020-12-2219 minThe Evenlode PodcastAnimal Spirits Return - Evenlode Investment ViewDuring the first three weeks of November, the very positive news on coronavirus vaccines and the clarity provided by the US election led to a huge surge in investor’s animal spirits and a significant rally in global stock markets.Listen to our thoughts on these latest developments.The charts and tables referenced in this episode can be viewed here - https://evenlodeinvestment.com/news/evenlode-investment-view-november-2020Please note, these views represent the opinions of the Evenlode team as of November 2020 and do not constitute investment advice.For more information visit ev...
2020-12-0713 minThe Evenlode PodcastRotation Dynamics - Evenlode Global Investment ViewThe recent market move has been dubbed a ‘great rotation’, partly because so-called ‘value’ stocks have not just lagged in the pandemic, but have lagged equity markets ever since the financial crisis.Anything that acts as a positive catalyst for these out-of-favour companies has come to be referred to as a ‘value rotation’. Is this what we’re seeing now? Please note, these views represent the opinions of the Evenlode team as of November 2020 and do not constitute investment advice.For more information visit evenlodeinvestment.com
2020-11-2310 minThe Evenlode PodcastThe Long Haul - Evenlode Investment ViewPeriods of heightened uncertainty, such as we find ourselves in, are always accompanied by a shortening of investor time horizons and a pick-up in volatility. This can feel quite stomach-churning for the long-term saver but are, unfortunately, inevitable. Please note, these views represent the opinions of the Evenlode team as of October 2020 and do not constitute investment advice.For more information visit https://evenlodeinvestment.com
2020-11-0310 minThe Evenlode PodcastUS Election & Uncertainty - Evenlode Global Investment ViewThe world approaches November 3rd with a mix of trepidation and excitement. The 59th Presidential election of the United States has been fought in an unprecedented time, with the global pandemic providing the temporal backdrop while discussions on race, equality, opportunity, and the threat of impending environmental calamity are all competing for airtime. The political vortex has created vast uncertainty and we expect this to be felt by the financial markets over the coming days.Please note, these views represent the opinions of the Evenlode team as of October 2020 and do not constitute...
2020-11-0207 minThe Evenlode PodcastStaying at Home, Making Space - Evenlode Global Investment ViewEquity markets appear to have got used to the new normal and are shrugging off the looming winter with its likely lockdowns and lack of Christmas parties, instead looking to the bright side. So how has the market managed to remain chipper in the face of a dismal-looking festive season?---To read this article and view the charts and tables mentioned in the article visit https://evenlodeinvestment.com/news/evenlode-global-investment-view-october-2020Please note, these views represent the opinions of the Evenlode team as of October 2020 and do not constitute investment advice.
2020-10-1714 minThe Evenlode PodcastChange, Adaption and Long-Term Growth - Evenlode Investment ViewThe recent crisis has thrown much at the companies in the Evenlode Income portfolio and no one knows, as usual, quite what the next few months will bring. Hugh Yarrow, fund manager of the Evenlode Income Fund, gives an overview of how companies are changing and adapting to this new environment.Please note, these views represent the opinions of Hugh Yarrow as at 23rd September 2020 and do not constitute investment advice.For more information visit https://evenlodeinvestment.com
2020-09-2608 min