Much of what has been covered in Lee and the IC episodes is about financial literacy and in this episode, Alex and John take a step further by hosting three members from the Renaissance Foundation, a specialist London-based youth charity.The foundation, among its other aims, hopes to bring financial literacy to young people who otherwise may not have exposure to the world of investing. It will soon launch the City of London Youth Investment Fund and Alex and John are joined by CEO, Sat Singh, and co-chairs of the fund, Ananya Chowdhury and Wahid Uddin, who benefitted from the foundation as children.The five discuss a range of topics from the formation of the fund to their research methods when finding companies to invest in. Lord Lee shares insight from his six-decades-worth of experience as a private investor, and Alex and John also touch on his Lok'n Store holding and take questions from listeners. Timestamps 1:11 Financial education and the Renaissance Foundation6:15 The fund8:27 Practical considerations of the City of London Youth Investment Fund10:12 Co-chairs of the fund Ananya Chowdhury and Wahid Uddin 12:29 How to bring investing to life for young people 13:46 John’s entry into investing15:16 The investing approach to the fund16:36 Balancing risk and range of a fund17:52 How investing changes when it's collaborative versus personal18:46 Will their fund be more company or fund-focused?21:33 What success would look like for the fund23:48 Sharing investing styles 27:37 The importance of dividends29:01 John’s portfolio & Lok'n Store34:20 PZ Cussons41:22 Listener questionsClaim your first 12 weeks of Investors' Chronicle Print + Digital for just £12. You will get instant access to our website and app, plus the magazine delivered to your door every week. To start your trial, visit investorschronicle.co.uk/podcasttrial*After your 12-week trial you will pay just £56.25 every 13 weeks by direct debit. If you’re not entirely satisfied, you can cancel up to 5 business days before your renewal date and only pay the £12 already debited. This offer is for UK subscribers only. Hosted on Acast. See acast.com/privacy for more information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related