Evenlode is a dedicated, independent investment team based in rural Oxfordshire, UK. Our podcast episodes focus on the Evenlode funds, updating investors on performance, and general macro environment. https://evenlodeinvestment.com
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Evenlode Podcasts
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Evenlode UK Select Investment View – Quality Dials Up
28:21
28:21
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28:21
Though 2025 performance has been disappointing, the portfolio continues to contain a diversified list of market-leading quality businesses. This investment view includes a discussion on a range of portfolio companies, and what we are hearing on the ground. --- Please note, these views represent the opinions of the Evenlode team as of 15th December …
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Evenlode Income Investment View – Quality Dials Up
28:21
28:21
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28:21
Though 2025 performance has been disappointing, the portfolio continues to contain a diversified list of market-leading quality businesses. This investment view includes a discussion on a range of portfolio companies, and what we are hearing on the ground. --- Please note, these views represent the opinions of the Evenlode team as of 15th December …
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Evenlode Global Income Investment View – A Bubble In Quality
9:10
9:10
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9:10
This month we discuss the market performance and valuation of quality companies including the recent underperformance of high-quality businesses despite their solid financials and dividend growth. We further explore the complexities of market indices and valuation metrics. --- Please note, these views represent the opinions of the Evenlode team as …
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Evenlode Global Dividend Investment View – A Bubble In Quality
9:10
9:10
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9:10
This month we discuss the market performance and valuation of quality companies including the recent underperformance of high-quality businesses despite their solid financials and dividend growth. We further explore the complexities of market indices and valuation metrics. --- Please note, these views represent the opinions of the Evenlode team as …
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Evenlode Global Opportunities Investment View – Q3 results roundup and AI update
8:49
8:49
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8:49
The third quarter financial reporting period is near complete, with over 90% of the Evenlode Global Opportunities portfolio companies having posted an update. The latest results have strengthened our conviction in the portfolio and provide us a welcome opportunity to update investors. --- Please note, these views represent the opinions of the Evenl…
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Evenlode Global Equity Investment View – Q3 results roundup and AI update
8:47
8:47
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8:47
The third quarter financial reporting period is near complete, with over 90% of the Evenlode Global Equity portfolio companies having posted an update. The latest results have strengthened our conviction in the portfolio and provide us a welcome opportunity to update investors. --- Please note, these views represent the opinions of the Evenlode tea…
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1
Evenlode Income Investment View – Moats in the sale
15:36
15:36
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15:36
Every stock market cycle is unique, but with generative-AI euphoria in full swing it is hard to ignore the parallels at play today with previous technology capital investment booms – not least the TMT boom of the late 1990s. Here we discuss in detail how three of our current investments are harnessing AI technology for product development. --- Plea…
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1
Evenlode UK Select Investment View – Moats in the sale
15:30
15:30
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15:30
Every stock market cycle is unique, but with generative-AI euphoria in full swing it is hard to ignore the parallels at play today with previous technology capital investment booms – not least the TMT boom of the late 1990s. Here we discuss in detail how three of our current investments are harnessing AI technology for product development. --- Plea…
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1
Evenlode Global Income Investment View – Getting More Than You Pay For
31:22
31:22
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31:22
A measure of corporate health is revenue growth. Though imperfect, for relatively stable businesses it is a reasonable indicator of progress. In headline, revenue growth is looking good for the portfolio in absolute terms, compared to the broader market and in the context of the current mixed macroeconomic environment. --- Please note, these views …
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Evenlode Global Dividend Investment View – Getting More Than You Pay For
31:23
31:23
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31:23
A measure of corporate health is revenue growth. Though imperfect, for relatively stable businesses it is a reasonable indicator of progress. In headline, revenue growth is looking good for the portfolio in absolute terms, compared to the broader market and in the context of the current mixed macroeconomic environment. --- Please note, these views …
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1
Evenlode UK Select Investment View – An Interesting Juncture
18:25
18:25
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18:25
Despite a challenging year for relative performance for the fund primarily due to the increasingly heated AI infrastructure sector, we think this a very interesting juncture for our approach. This month we highlight several excellent, high-return, market-leading companies within the portfolio that are currently trading on unusually attractive free …
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1
Evenlode Income Investment View – An Interesting Juncture
18:25
18:25
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18:25
Despite a challenging year for relative performance for the fund primarily due to the increasingly heated AI infrastructure sector, we think this a very interesting juncture for our approach. This month we highlight several excellent, high-return, market-leading companies within the portfolio that are currently trading on unusually attractive free …
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1
Evenlode Global Income Investment View – The Disconnect
7:30
7:30
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7:30
Despite headlines highlighting booming AI data centre investments and record US stock market highs, the broader economy shows mixed signals with stagnant revenue growth and economic challenges outside tech sectors. This month’s investment view analyses the disconnect between market valuations and underlying economic realities. --- Please note, thes…
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1
Evenlode Global Dividend Investment View – The Disconnect
7:30
7:30
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7:30
Despite headlines highlighting booming AI data centre investments and record US stock market highs, the broader economy shows mixed signals with stagnant revenue growth and economic challenges outside tech sectors. This month’s investment view analyses the disconnect between market valuations and underlying economic realities. --- Please note, thes…
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1
Evenlode Income Investment View – Summer Reading
27:53
27:53
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27:53
In this month's investment view, as it is summer holiday season, members of the Evenlode investment team have compiled a selection of books that we have read and found interesting over the first half of 2025. Not all of these texts can be described as light reading, but we hope you find the list of interest! --- Please note, these views represent t…
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Evenlode Global Dividend Investment View – Increasing Opportunities In a Rising Market
21:11
21:11
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21:11
In this month's investment view, we discuss how we constantly analyse detailed information to gain a balanced view of a business's prospects, acknowledging that market valuations are influenced by a range of opinions and motivations. --- Please note, these views represent the opinions of the Evenlode team as of 15th August 2025 and do not constitut…
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Evenlode Global Income Investment View – Increasing Opportunities In a Rising Market
21:11
21:11
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21:11
In this month's investment view, we discuss how we constantly analyse detailed information to gain a balanced view of a business's prospects, acknowledging that market valuations are influenced by a range of opinions and motivations. --- Please note, these views represent the opinions of the Evenlode team as of 15th August 2025 and do not constitut…
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Evenlode Income Investment View – More Results Colour
36:24
36:24
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36:24
In this month’s investment view, we will run through some key themes from results and discuss a variety of holdings. It’s a relatively long read – there’s a lot to discuss! --- Please note, these views represent the opinions of the Evenlode team as of 13th August 2025 and do not constitute investment advice. Past performance is not a reliable indic…
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Evenlode Global Income Investment View – Style and Fashion
11:37
11:37
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11:37
In this month’s investment view we examine the development of positions in the fund’s two largest holdings - L’Oréal and Experian - as exemplars of current market trends. We also consider the market-level view of the portfolio and its recent performance. --- Please note, these views represent the opinions of the Evenlode team as of 24th July 2025 a…
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Evenlode Global Dividend Investment View – Style and Fashion
11:37
11:37
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11:37
In this month’s investment view we examine the development of positions in the fund’s two largest holdings - L’Oréal and Experian - as exemplars of current market trends. We also consider the market-level view of the portfolio and its recent performance. --- Please note, these views represent the opinions of the Evenlode team as of 24th July 2025 a…
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Evenlode Income Investment View – Results Colour
14:45
14:45
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14:45
In this month's investment view, following on from recent results, we provide more detail of the ongoing growth expectations for a number of the portfolio's holdings. --- Please note, these views represent the opinions of the Evenlode team as of 14th July 2025 and do not constitute investment advice. Past performance is not a reliable indicator of …
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Evenlode Global Dividend Investment View – What Uncertainty?
9:50
9:50
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9:50
Last month we asked the question ‘is this time different’ for markets as the Trump administration attempts to reshape the global economic order. Looking at financial market developments, one of the few signs that there might be something going on is in the dollar, which has weakened by about 10% against sterling since March and a similar level agai…
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1
Evenlode Global Income Investment View – What Uncertainty?
9:50
9:50
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9:50
Last month we asked the question ‘is this time different’ for markets as the Trump administration attempts to reshape the global economic order. Looking at financial market developments, one of the few signs that there might be something going on is in the dollar, which has weakened by about 10% against sterling since March and a similar level agai…
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1
Evenlode Global Opportunities Investment View - Artificial Intelligence Update
12:23
12:23
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12:23
We are now at or close to all-time highs again in world equity markets less than three months after the drama of the 2 April tariff announcements. The rally from the 8 April lows has been historically fast and furious, and focused on the US tech names which had been lagging into the 2 April announcement. The explanation for all of this is fairly si…
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1
Evenlode Global Equity Investment View - Artificial Intelligence Update
12:23
12:23
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12:23
We are now at or close to all-time highs again in world equity markets less than three months after the drama of the 2 April tariff announcements. The rally from the 8 April lows has been historically fast and furious, and focused on the US tech names which had been lagging into the 2 April announcement. The explanation for all of this is fairly si…
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1
Evenlode Income Investment View – Embedded Value, New Holdings
21:03
21:03
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21:03
In this month's investment view, as market volatility continues and geopolitical uncertainty remains high, we provide an overview of a few existing and new stocks that we believe offer long-term embedded value for the portfolio. --- Please note, these views represent the opinions of the Evenlode team as of 12th June 2025 and do not constitute inves…
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Evenlode Global Income Investment View – Is This Time Different?
12:03
12:03
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12:03
In this month's investment view, we provide a further update on the Q1 reporting season in light of recent political headlines, and how this has influenced our analysis of investment opportunities. --- Please note, these views represent the opinions of the Evenlode team as of 27th May 2025 and do not constitute investment advice. Past performance i…
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Evenlode Global Dividend Investment View – Is This Time Different?
12:03
12:03
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12:03
In this month's investment view, we provide a further update on the Q1 reporting season in light of recent political headlines, and how this has influenced our analysis of investment opportunities. --- Please note, these views represent the opinions of the Evenlode team as of 27th May 2025 and do not constitute investment advice. Past performance i…
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Evenlode Global Opportunites Investment View - Q1 2025 Earnings Season
11:44
11:44
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11:44
We are now in the final stages of the reporting season for the first quarter of 2025 for companies with 31 December year ends. We usually find the regular rhythm of corporate earnings a useful cue for stock-taking. --- Please note, these views represent the opinions of the Evenlode team as of 21st May 2025 and do not constitute investment advice. P…
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Evenlode Global Equity Investment View - Q1 2025 Earnings Season
11:44
11:44
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11:44
We are now in the final stages of the reporting season for the first quarter of 2025 for companies with 31 December year ends. We usually find the regular rhythm of corporate earnings a useful cue for stock-taking. --- Please note, these views represent the opinions of the Evenlode team as of 21st May 2025 and do not constitute investment advice. P…
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Evenlode Income Investment View – Tariff aftermath, portfolio update and new holdings
15:12
15:12
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15:12
In this month's investment view, following the aftermath of the changes in US tariff policies, we provide a brief overview of recent company results and portfolio performance, together with a detailed overview of a new holding that was previously held by the portfolio. --- Please note, these views represent the opinions of the Evenlode team as of 9…
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Evenlode Global Opportunities Investment View - Review of Q1 2025
7:35
7:35
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7:35
An overview of the performance of the Evenlode Global Opportunities Fund for Q1 2025. --- Please note, these views represent the opinions of the Evenlode team as of 14th April 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investor…
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Evenlode Global Equity Investment View - Review of Q1 2025
7:35
7:35
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7:35
The Evenlode Global Equity fund returned -0.7% in the first quarter of 2025, ahead of its comparator benchmark, the MSCI World Index, which returned -4.7%. The fund benefited from a general rotation away from the islands of relative strength in 2024 towards a broader palette of ex-US and ex-tech companies. Fundamental results for our companies rema…
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Evenlode Global Income Investment View – Market Narratives
11:08
11:08
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11:08
In this month's investment view, we explain how we approach the delivery of our dividend growth and how managing valuation risk and opportunity in the market is prudent over time. --- Please note, these views represent the opinions of the Evenlode team as of 28th March 2025 and do not constitute investment advice. Past performance is not a reliable…
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Evenlode Global Dividend Investment View – Market Narratives
11:08
11:08
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11:08
In this month's investment view, we explain how we approach the delivery of our dividend growth and how managing valuation risk and opportunity in the market is prudent over time. --- Please note, these views represent the opinions of the Evenlode team as of 28th March 2025 and do not constitute investment advice. Past performance is not a reliable…
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Evenlode Global Dividend Investment View – Tariff Turmoil and Yesterday’s News
6:54
6:54
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6:54
In this month's investment view, we offer a portfolio update following the podcast we released earlier this week, which addresses the ongoing market turbulence. --- Please note, these views represent the opinions of the Evenlode team as of 11th April 2025 and do not constitute investment advice. Past performance is not a reliable indicator of futur…
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Evenlode Global Income Investment View – Tariff Turmoil and Yesterday’s News
6:54
6:54
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6:54
In this month's investment view, we offer a portfolio update following the podcast we released earlier this week, which addresses the ongoing market turbulence. --- Please note, these views represent the opinions of the Evenlode team as of 11th April 2025 and do not constitute investment advice. Past performance is not a reliable indicator of futur…
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Evenlode Income Investment View - Tariff Trauma
12:57
12:57
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12:57
In this month's investment view, we provide an overview of the recent effects of the Liberation Day tariff announcements on global stock markets and our portfolio holdings. --- Please note, these views represent the opinions of the Evenlode team as of 4th April 2025 and do not constitute investment advice. Past performance is not a reliable indicat…
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Evenlode Income Investment View - Top Seven
15:04
15:04
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15:04
In this month's investment view, as we assess the recent full-year results, we focus on providing an overview of our largest seven holdings. --- Please note, these views represent the opinions of the Evenlode team as of 10th March 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value…
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Evenlode Global Income Investment View – Results and Evolving Themes
12:50
12:50
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12:50
In this month's investment view, with two-thirds of the reporting season behind us, we offer a business-level analysis of selected holdings amidst ongoing global uncertainty. --- Please note, these views represent the opinions of the Evenlode team as of 25th February 2025 and do not constitute investment advice. Past performance is not a reliable i…
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Evenlode Global Dividend Investment View – Results and Evolving Themes
12:50
12:50
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12:50
In this month's investment view, with two-thirds of the reporting season behind us, we offer a business-level analysis of selected holdings amidst ongoing global uncertainty. --- Please note, these views represent the opinions of the Evenlode team as of 25th February 2025 and do not constitute investment advice. Past performance is not a reliable i…
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Evenlode Global Equity Investment View - 2024 Update
7:29
7:29
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7:29
An overview of the performance of the Evenlode Global Equity Fund in 2024. --- Please note, these views represent the opinions of the Evenlode team as of 30th January 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not…
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Evenlode Global Opportunities Investment View - 2024 Update
7:26
7:26
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7:26
An overview of the performance of the Evenlode Global Opportunities Fund in 2024. --- Please note, these views represent the opinions of the Evenlode team as of 30th January 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors …
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Evenlode Income Investment View - Review of 2024 and outlook for 2025
13:33
13:33
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13:33
In this month's investment view, we will discuss the year just finished, and share some thoughts on the current outlook. --- Please note, these views represent the opinions of the Evenlode team as of 28th January 2025 and do not constitute investment advice. Past performance is not a reliable indicator of future results. The value of investments ca…
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Evenlode Global Dividend Investment View – Reflections on 2024
41:00
41:00
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41:00
In this month's investment view, as we are in a period of much change and market noise, we thought it would be a good time to take stock of the current equity market and the portfolio’s performance within it. --- Please note, these views represent the opinions of the Evenlode team as of 28th January 2025 and do not constitute investment advice. Pas…
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Evenlode Global Income Investment View – Reflections on 2024
40:42
40:42
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40:42
In this month's investment view, as we are in a period of much change and market noise, we thought it would be a good time to take stock of the current equity market and the portfolio’s performance within it. --- Please note, these views represent the opinions of the Evenlode team as of 28th January 2025 and do not constitute investment advice. Pas…
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Evenlode Income Investment View – Winter Reading
18:10
18:10
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18:10
In this month's investment view, with the holiday season approaching, the Evenlode investment team have compiled a list of books that we have read over the second half of 2024. Some of these texts are not obvious light-reading for Boxing Day, but we hope you will find something engaging on the list! --- Please note, these views represent the opinio…
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Evenlode Global Income Investment View – A metaphor for 2024
9:48
9:48
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9:48
In this month's investment view, we review the performance of the global market in 2024 and how our investment process has guided our investment decisions. --- Please note, these views represent the opinions of the Evenlode team as of 19th December 2024 and do not constitute investment advice. Past performance is not a reliable indicator of future …
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Evenlode Income Investment View – Niche Compounders
14:16
14:16
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14:16
In this month's investment view, following on from the third quarter results season, we discuss several portfolio holdings to highlight themes we are seeing across the portfolio. --- Please note, these views represent the opinions of the Evenlode team as of 11th December 2024 and do not constitute investment advice. Past performance is not a reliab…
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Evenlode Global Income Investment View – Tariffs, trade and the not-quite-everything rally
18:22
18:22
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18:22
In this month's investment view, following the outcome of the US election, we summarise the rhetoric of the campaign and its aftermath on the markets, and what the implied tariff picture means for the portfolio. --- Please note, these views represent the opinions of the Evenlode team as of 25th November 2024 and do not constitute investment advice.…
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