Money Makers
Money Makers
Jonathan Davis
346: Money Makers Investment Trusts Podcast - Roddy Snell (PHI) and Nish Patel (GSCT) (08 Aug 2026)
1 hour 2 minutes Posted Aug 8, 2026 at 11:00 am.
Introduction
Roddy Snell (PHI)
The last eighteen months at PHI
Comparing the open-ended fund to the investment trust
Growth and AI
The Korean market
Trump’s impact
Asia and EM susceptibility to Western crises
The Chinese outlook
The case for choosing PHI
PHI’s discount
A short break
Nish Patel (GSCT)
The pitch for GSCT
Interest rates and inflation
Tech and AI stocks
Portfolio changes in light of Saba
The performance of the trust
Attracting retail investors
Regional allocation of the trust
The dividend
Holding other funds
The current environment
Close
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1:02:37
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Show notes
Two guests join host Jonathan Davis (editor of the Investment Trusts Handbook and winner of the AIC Best Broadcast Journalist Award 2024 and 2025) in this week's edition of the Money Makers Investment Trusts Podcast. First is Roddy Snell, lead manager of the Pacific Horizon Trust (PHI), followed by Nish Patel, lead manager of the Global Smaller Companies Trust (GSCT).
These discussions were recorded on Thursday 06 August 2026.
Jonathan is now writing market and other comments on Substack (jdinvestor.substack.com), and for those of you who follow Money Makers on social media, two new channels are now available - TikTok (@moneymakers_its) and Bluesky (@money-makers.co). Do give us a follow!
*** OUT NOW: The 2026 Investment Trusts Handbook ***
Available to order from Harriman House: https://harriman-house.com/authors/jonathan-davis/the-investment-trusts-handbook-2026/9781804094358
***
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