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UK Investor Magazine
2025 Outlook with Morningstar’s Mike Coop: China, UK housebuilders, Interest Rates and AI
The UK Investor Magazine was delighted to welcome Mike Coop, Morningstar Wealth’s Chief Investment Officer, for a deep dive into their Outlook for 2025, covering topics including portfolio construction, key investment themes and the microenvironment.
Download Morningstar’s 2025 Outlook Report here.
We examine global markets for potential opportunities, with particular attention to how traditional portfolio allocation strategies may need to adapt. We explore the conventional 60/40 split between equities and bonds in light of changing market conditions and economic cycles.
As we navigate through varying risk profiles, investment opportunities are emerging across the spectrum. For those seeking higher returns, several compelling options have been identified, though these must be weighed against increased risk exposure. Meanwhile, conservative investors face the challenge of adapting to a falling interest rate environment. The role of interest rates remains crucial across all investment theses, introducing both opportunities and potential risks that require careful consideration.
China has emerged as a notable medium-term opportunity in Morningstar’s 2025 outlook. The discussion around this market centres on identifying the most effective methods for investors to capture potential returns while managing associated risks.
The UK housing sector, particularly housebuilders, has been identified as an area of potential strength for 2025. This outlook is supported by several key drivers that Mike outlines in detail.
The evolution of artificial intelligence continues to shape investment opportunities and we consider the next stage for public markets. While semiconductor manufacturers represented the first wave of public market opportunities in the AI space, we look at how attention is now turning to identifying the second wave of AI-driven investment potential for 2025.
Interest rates remain a central theme throughout these discussions, acting as a key variable that could significantly impact investment theses across all sectors and regions. This underscores the importance of maintaining flexibility in investment strategies and being prepared to adjust as market conditions evolve.
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The economic and environmental opportunity in methane detection with Mirico
21:24|The UK Investor Magazine was thrilled to welcome Bob Flint, CEO of Mirico, to discuss their methane detection technology and current crowdfunding campaign.Visit Mirico’s Crowdfunding page hereMirico is a climate technology company that has developed an innovative laser sensor and analytics platform for detecting methane emissions, which are responsible for one-third of global climate change.Sign up for ‘Meet the CEO’ webinar 7th January 2025Their technology provides continuous, precise monitoring capabilities that enable industries to identify and fix even small or short-lived methane leaks in real-time, distinguishing them from competitors who typically only offer periodic snapshot surveys.Bob outlines Mirico’s market traction with over 20 deployments across five continents, serving customers in oil and gas, landfill, biogas, and agriculture sectors, including major players like Shell. Their intellectual property is protected through three patent families and three trademarks, while their business operates primarily on a hardware-enabled SaaS model, providing emissions insights as a service.Operating in a rapidly expanding market with a total addressable market of $14.9 billion and a serviceable addressable market of $2.9 billion, Mirico has attracted investment from notable VCs and industry players, including UKI2S, Foresight Williams, Oxford Innovation, New Climate Ventures, and Shell Ventures. The company is currently seeking funds to accelerate sales efforts, deliver on pilot projects, secure additional international pilots, and refine its digital platform.Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong.Delivering revenue growth and increasing dividends with Adsure Services’ Kevin Limn
11:08|The UK Investor Magazine was thrilled to welcome Kevin Limn, CEO of Adsure Services, to run through the business assurance specialists’ half-year report.Please visit the Adsure Services investor hub here.Adsure Services delivered stellar performance during the half-year period. Revenue grew 19%, driving gross profit 46% higher. The most important takeaway for investors was a 60% increase in the interim dividend.We explore the factors driving higher sales and how Adsure Services delivers on its growth strategy.Kevin finishes by highlighting what investors can look forward to in 2025.Generative AI, technology transfer and accelerating growth in 2025 with GenIP’s Lord Willetts
11:04|The UK Investor Magazine was delighted to welcome Lord David Willetts, Chairman of GenIP, to the podcast to explore the opportunity for GenIP in technology transfer and the company’s plans for the future.Lord Willetts served as Minister for Universities and Science before moving to the House of Lords. Lord Willets sees his role at GenIP as an excellent opportunity to harness his deep experience in innovation and utilise Generative AI to help University Technology Transfer Offices boost the commercialisation of new technological discoveries.We explore how GenIP is helping enhance the success rates for technology transfer and the problems GenIP is fixing for technology transfer offices.Lord Willetts finishes by outlining what he’d like to see GenIP achieve in 2024.Meeting global tin demand and restarting UK production with Cornish Metals
19:35|The UK Investor Magazine welcomed Fawzi Hanano, Chief Development Officer of Cornish Metals, to explore the London-listed tin miner’s recent developments.We start with tin’s broad electrical applications. Tin is a strategic metal vital in the manufacture of electric cars, computer chips, and the energy transition.Fawzi highlights the importance of tin in the artificial intelligence boom and the use of tin chips and data centres powering technology adoption.We discuss the importance of the Western world securing a reliable tin supply amid disruption in Asian markets.Cornish Metals owns 100% of the South Crofty tin mine in Cornwall. Fawzi outlines plans to bring the mine back into production and ensure the UK’s tin supply for decades to come.To finish, Fawzi highlights three things investors should keep an eye out for in 2025.Investment Trust discounts, benefits versus funds and ETFs, and sector trends with Winterflood’s Emma Bird
22:10|The UK Investor Magazine was delighted to welcome Emma Bird, Head of Investment Trusts Research at Winterflood, to lift the lid on the UK Investment Trust space.Visit Winterflood Fund Insight here.This podcast, which drills down into the fundamental factors at play in the Investment Trust space, is a must-listen for investors.We start by looking at narrowing in Investment Trust discounts, particularly in private asset trusts, and the factors driving share price gains against NAVs.Emma highlights particular sectors that offer value on a discount and income basis compared to the wider Investment Trust universe.We explore some individual Investment Trusts that emerged as winners from the US election as investors positioned for President-elect Trump’s policies.Emma concludes by outlining why investors should consider Investment Trusts over OEICs, Unit Trusts and ETFs.A dependable, diversified, and differentiated approach to UK Equity Income with Murray Income Trust
21:23|The UK Investor Magazine was delighted to welcome Charles Luke, Manager of the Murray Income Trust, to the podcast to explore the trust’s investment strategy and the factors driving investor returns.Charles outlines their approach to UK Equity Income, centring around the ‘Three Ds’: dependability, diversification, and differentiation.The Murray Income Trust retains over 50% of dividend revenue for consistent growth. The Murray Income Trust is a true dividend hero, continually increasing dividends for 51 years and yielding 4.7%.Charles details recent additions to the portfolio and shares what excites him the most about being a UK Equity Income manager over the coming 12 months.Find out more on the Murray Income Trust websiteAccelerating adoption of Autonomous Vehicles and exceeding expectations in Generative AI with Tekcapital
17:09|The UK Investor Magazine was delighted to welcome Tekcapital CEO Dr Clifford Gross back to the podcast to run through the latest developments for portfolio companies.We discuss Guident’s latest update and the accelerating growth opportunity in Autonomous Vehicles as Elon Musk joins Donald Trump’s administration. Cliff touches on the Guident IPO and what investors should expect in 2025.Cliff shares Tekcapital’s views on GenIP’s progress and whether the Generative AI company has met or exceeded expectations.We finish with a summary of recent Innovative Eyewear and Belluscura developments/.Nvidia, BP, Bitcoin, and UK Banks with Marc Kimsey
35:22|The UK Investor Magazine was delighted to welcome Marc Kimsey, Director at F&O Research, back to the podcast for a deep dive into a range of US and UK equities.Download Market Navigator Pro View and Chartist IdeasWe start with a look at macroeconomics and geopolitics before moving on to individual shares.We discuss Nvidia results and the implications for the wider equity market. The reaction in shares was fairly muted, but Nvidia still holds the key to the entire AI-related rally.Marc explores UK shares BP, Barclays, and Natwest. Oil prices have weighed on BP and we question how long the softness in BP can last.