Downing: Reaping rewards from LSE-listed Investment Trusts - offshore assets at big discounts

Veteran money manager Nick Downing specialises in a highly profitable niche - carefully selected global investment trusts from hundreds whose equity is listed on London Stock Exchange. In this fascinating interview, the co-founder of Overberg Asset Management explains his process, and how he can regularly acquire offshore assets at significant discounts. He spoke to Alec Hogg of BizNews.Your early morning brew of the BizNews Insider keeps you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here - https://bit.ly/3lfVRYP.---Timestamps00:00 - Introductions00:48 - Nick Downing on starting his own business03:18 - Why he chose the town of Greyton to start his business04:42 - On moving to South Africa after graduating from Cambridge06:25 - On Overberg's unique approach to investing and the London Stock Exchange10:03 - Why investment trusts are not popular in South Africa13:17 - On the ins and outs of investment trusts14:29 - On the success of Overberg Asset Management17:13 - How Downing and Overberg approach investment19:58 - On Overberg's biggest holdings in the LSE22:49 - Concludes Learn more about your ad choices. Visit megaphone.fm/adchoices