High-yield investing with Martin Connaghan of Murray International Trust | Ep.129

Host Stuart Fieldhouse meets Martin Connaghan, co-manager of the Murray International Trust. Murray International, listed in London and acquired by abrdn 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? Stuart talks 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. Stuart and Martin also chat about 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. For more great investing ideas, news and insight, sign up to our FREE newsletter at www.thearmchairtrader.com/newsletter/ For stock tips and deeper company analysis get a free trial of Armchair Trader Plus+ at www.thearmchairtrader.com/register 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?