Evenlode Investment

This week in our 'What we've read' series, portfolio manager of the Evenlode Global Equity fund James Knoedler shares his thoughts on William Thackeray’s ‘Pendennis' 📚 “It is notoriously hard to follow up a bestseller. When Thackeray started serialising Pendennis just a few months after Vanity Fair had concluded its run, he had blossomed from a struggling hack a literary lion with an assured readership. “Fundamentally Thackeray’s attitude to his non-Irish characters is consistent with the thoughts of Major Pendennis to his widowed sister-in-law: ‘He looked at her as she retreated, with a fondness which was rendered more piquant… by the mixture of a certain scorn which accompanied it’. If this blend appeals, he is endlessly readable. The Major himself is a wonderful creation, constantly misleading his nephew, who is himself a bracingly harsh self-portrait of a young Thackeray (except that Thackeray, charmingly, cuts Pendennis down from his own 6’3” to a comparative shrimp). “A scene towards the end, when the Major discovers to his amazement that his valet has covertly become his landlord, points towards fascinatingly materialistic interpretations to the novel and its background note of social change as railways grow, financial capital accumulates, and bizarre and shameful things happen in the colonies.”

Speaking to FT Adviser, portfolio manager of the Evenlode Global Income fund, Ben Peters discusses how sportswear companies can play a strong role in income portfolios. In particular, he highlights how this has been affected by: - A growing societal shift towards investment in personal health and wellness 😊 - Unprecedented demand for top-of-the-range sporting equipment during the pandemic 🚴♂️ - The rise of challenger brands in the specialist running space 👟 Read the article in full here: https://lnkd.in/ep3NjUyt ✍ David Thorpe

Incredibly it was 15 years ago today that Hugh Yarrow and I received the first valuation for the Evenlode Income fund, so that makes it the fifteenth birthday of Evenlode Investment - Happy Birthday! 🎂 From those early days with Wise Investment , Hugh and I have been joined but an incredibly capable, fun and driven team at Evenlode. You’re a real joy to work with, and your critical thinking has helped us develop our investment process and service way beyond what we imagined 15 years ago, whilst remaining true to our fundamental long term investment philosophy. Here’s to much more of that. We’re also priviliged to work with highly dedicated partner organisations who deliver the day to day service to our clients, not least Spring Capital Partners , KL Communications , Investment Fund Services Limited (IFSL) , Gateway Fund Services Ltd. and Supple Studio amongst many others. Your client service ethos absolutely reflects Evenlode’s own, and helped us to grow and evolve too, thank you. And not least, thank you to all of our clients. Obviously without you we don’t have a business, but your understanding of our approach and support over many years has kept us sane and motivated. The Evenlode team remains focused on our long term ambition to deliver for you.

Writing for Trustnet, investment analyst Ben Armitage, Ph.D. discusses the impacts of sponsorship and partnership on future financial results in the wake of the summer Olympics and Paralympics. Read the article in full here: https://lnkd.in/eenbdrRN

Portfolio-manager of the Evenlode Global Income Fund Ben Peters discusses the latest market movements and portfolio activity in their monthly investment view. Watch the video in full below:

Congratulations to our very own Alexander Boronkay, who has been nominated in the Rising Stars of Trading and Execution category at this year's The TRADE News awards. Now in its tenth year, the Rising Stars initiative recognises key buy-side individuals who go above and beyond the call of duty, whether that be through day-to-day activities or through thought leadership on industry platforms. Good luck to Alexander Boronkay and all those nominated from the Evenlode team.

This week in our 'What we've read' series, portfolio manager of the Evenlode Global Equity fund, Chris Elliott shares his thoughts on Hampton Sides' 'The Wide Wide Sea' 📚 "Sides is known for his compelling storytelling and extensive historical investigation, and 'The Wide Wide Sea' offers an absorbing, well-researched account of Captain James Cook's last expedition. He paints a detailed picture of Cook as both an esteemed explorer and a complicated individual motivated by endless curiosity and a formidable sense of responsibility. "The author vividly resurrects the 18th-century Age of Exploration with its grand adventures, while also delving into the grim realities of exploration, including its impact on native peoples and subsequent cultural conflicts. The book details Cook’s versatility, leadership skills, and strategic thinking - from implementing ways to prevent scurvy to embracing cutting-edge navigational tools and interacting with indigenous communities. Matching this was his remarkable composure in stressful situations, a trait that played a crucial role during his journeys but may have also contributed to his tragic end in Hawaii. "Side’s narrative grants readers an enthralling look at the glory and dangers of Cook's adventures, leaving them with a deep respect for both Cook and the vast oceans he mapped."

In conversation with Lisa Pham, Bloomberg, investment analyst on the Evenlode Global Income fund Robert Strachan discusses how short-term share price declines mean healthcare businesses are more attractively valued. Read the article in full here: https://lnkd.in/eJfv2N_2

Speaking to FT Adviser, Ben Peters, portfolio manager of the Evenlode Global Income fund discusses whether tech stocks could start to be considered as a source of income, following Meta and Alphabet's first dividends to shareholders this year. ✍Chloe Cheung https://lnkd.in/eKmGRPq8 a place in equity income portfolios?

This week in our 'What we've read' series, portfolio manager of the Evenlode Income fund Chris Moore discusses his thoughts on Nick Timiraos' 'Trillion Dollar Triage' 📚 "Timiraos provides a brilliant day-by-day account of the Fed's response at the height of the panic, including tables showing fluctuations in key market data, which are still hard to believe looking back after four years. The book highlights the success of the initial response, crediting the Fed with saving the financial system from collapse. It paints Powell in a positive light, highlighting the importance of his pragmatic approach, and contrasting this with other Fed governors, particularly “The Maestro”, Alan Greenspan. "However, the author is critical of the Fed’s easy money policies and support for huge fiscal stimulus in 2021, which may have contributed to the high price inflation in recent years. With Powell still in position, his legacy remains to be seen, but this book provides an excellent account of how the pandemic period unfolded in financial markets."