On this podcast we interview Martin Connaghan, one of the managers of the Murray International Trust [LON:MYI] and an investment director at abrdn. Murray International, listed in London and acquired by abrdn LON:ABDN in 2001, is regarded as a sector leader in terms of the dividend yield it is able to deliver to investors.
But how does a fund manager go about achieving such great results? We talk to Martin about his allocation to emerging markets and how that fits into the Murray International strategy, and in particular about the red hot Asia tech stock sector.
We also take time to look at the fund’s overall strategy and some recent new additions to the portfolio. How do the managers make the case of buying a new position for the fund? Martin also explains how the managers have designed the defensive characteristics of the portfolio, and what this means in practice.
Listen: High-yield investing with Martin Connaghan
Content
00:00 Intro to the Murray International Trust
02:21 What the trust invests in
03:51 When companies suspend dividends
06:11 Secret to a great dividend yield
08:17 Emerging markets allocation
11:32 Asia Pacific tech sector growth
14:26 Are Asian stocks consistent dividend payers vs Europe/US stocks?
16:55 Adding Mercedes-Benz to the portfolio
19:49 Macroeconomic factors in stock selection
22:24 Why is the trust rated as defensive?
