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Investment Trusts
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Every week, Kyle Caldwell and guests take a look at how the biggest stories and emerging trends could affect your investments, with practical tips and ideas to help you navigate your way through. Join the conversation, tell us what you want us to talk about or send us a question to OTM@ii.co.uk. Visit www.ii.co.uk for more investment insight and ideas.

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Artwork for On The Money

Latest Episodes

With biotech and healthcare stocks making massive gains, a sector specialist looks at what has happened - and what might come next.

Important information:

This podcast is intended for information purposes only and is not a personal recommendation. P... more

Our just-published, market-leading Great British Retirement Survey, which draws on the experiences of nearly 8,000 people, reveals the biggest challenges facing UK pension savers and suggests a range of remedies. Joining Kyle to discuss the key findi... more

YouTube

This week, the focus is on the key tax and pension issues in new Prime Minister Andy Burnham’s in-tray now that the Makerfield MP has had some time to size up the tasks at hand. Joining Kyle to discuss these topics, including the triple lock, is inte... more

YouTube

In this episode, Kyle and Dave give their thoughts on a range of topics submitted by DIY investors, including whether there’s too much crossover when owning both US and global trackers, how to decide whether to cut your losses, what constitutes a rea... more

YouTube

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Recent Guests

Elsa Craig
Manager on the International Biotechnology Investment Trust
International Biotechnology Investment Trust
Episode: This sector is booming - but have investors missed the boat?
Camilla Esmund
Head of Investor Campaigns at Interactive Investor
Interactive Investor
Episode: Solutions to the UK’s biggest pension problems
Ben Whitmore
Value investor who manages the TM Brickwood Global Value Fund and the TM Brickwood UK Value Fund
TM Brickwood
Episode: How to navigate extreme valuations
Nick Clay
Manager of the Red Wheel Global Income Fund
Red Wheel Global
Episode: The overlooked defensive sectors to size up
Damien Hill
Bond fund manager, manages the BNY Mellon Responsible Horizons UK Corporate Bond Fund
BNY Mellon
Episode: Why this investment type shouldn’t be ignored
Mat Masters
Chief Executive at the Caledonia Investments Investment Trust
Caledonia Investments
Episode: What's going on in private markets and why it matters
Jason Pickock
Manager on the Jupyter Asian Income Funds
Jupyter Asian Income Funds
Episode: How to capture the emerging markets rally
Richard Hunter
Head of Markets at Interactive Investor
Interactive Investor
Episode: How to build a World Cup-winning portfolio
Emma Bird
Head of Investment Trust Research
Winterflood
Episode: How to spot cheap investment trusts

Hosts

Dave Baxter
Host of On The Money, Senior Funds Content Specialist at Interactive Investor
Kyle Caldwell
Co-host, Host of On The Money, focuses on investment trends and practical tips

Reviews

4.6 out of 5 stars from 227 ratings
  • Eagerly await the pod

    Love this podcast, a broad range of topics covered and the host and guests are extremely knowledgable and don’t talk in the usual overly complex jargon. Definitely worth a listen.

    Apple Podcasts
    5
    Mick Sevs
    United Kingdoma month ago
  • Helpful podcast

    Thoughtful interviews around personal finance as I think about retirement options.

    Apple Podcasts
    5
    PWW Boston
    United Kingdom2 months ago
  • Best personal finance podcast I've found

    I highly recommend this podcast and it's my go to, after listening to several of the others out there.

    Kyle and guests present it in a highly listenable and down to earth way.

    Each episode is an ideal length.

    The show covers a range of topics that stay relevant.

    If you want more detailed information or topics to be covered at more length, you can take the essentials you've gleaned from this show and do your own further reading/ listening with more confidence.

    I hope it continues for a ... more

    Apple Podcasts
    5
    Señor Raton
    United Kingdom8 months ago
  • Good content but…

    There is good advice and content in podcast. Would be helpful to listen to guests invited to be able to express their views as well as mostly content is spoken by Kyle.

    Apple Podcasts
    4
    ruth_evea
    United Kingdoma year ago
  • Made a real difference

    Great stuff, Kyle. Over the last year or so your podcast has been a big influence on me moving my portfolio from individual stocks to a broad range of funds.

    Apple Podcasts
    5
    AlistairCandlin
    United Kingdoma year ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Audio quality can vary across episodes, occasionally affecting listening experience.
Clear, accessible, and concise for private investors.
Guests are well-chosen; content is balanced and informative.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Talking Points

Recent interactions between the hosts and their guests.

This sector is booming - but have investors missed the boat?
Q: What areas look most promising, and which are becoming less exciting?
Oncology remains the hottest area with ongoing breakthroughs, including pancreatic cancer advances, while some Me Too therapies and antibiotics face longer-term headwinds due to risk/return dynamics and resistance concerns.
This sector is booming - but have investors missed the boat?
Q: Why is a diversified fund approach favored in biotech investing?
Diversification helps manage idiosyncratic risks of single drugs or companies, especially given the sector's volatility around clinical readouts and regulatory news; a basket approach reduces downside while preserving upside from breakthroughs.
This sector is booming - but have investors missed the boat?
Q: What have been the main drivers behind the recent biotech boom?
The guest explains that gains have come from a combination of M&A activity, regulatory normalization after earlier turbulence, and selective investments in commercially launched names, supported by deals and an improving macro environment.
Solutions to the UK’s biggest pension problems
Q: Camilla, could you give a very brief overview of how long the survey has been going for, how many people are polled, and why we do the survey?
The survey is in its seventh year, with around 8,000 respondents including 5,000 nationally representative individuals plus Interactive Investor customers, designed to be a powerful barometer of the pension landscape and to produce actionable insights for savers and policymakers.
Key tax and pension issues in Andy Burnham’s in-tray
Q: What is the government's position on shielding pensioners who rely solely on the state pension from tax?
There is a pledge to protect such pensioners, but details remain unclear about how it would be implemented and what qualifies as 'income' for taxation purposes.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Gender Skew
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Frequently Asked Questions About On The Money

What is On The Money about and what kind of topics does it cover?

A practical, retail-investor-focused discussion about personal finance and investing strategies, often anchored by fund analysis, market themes, and risk management. Episodes frequently feature fund managers, editors, and researchers who unpack topics such as AI-driven market momentum, private markets, bonds, investment trusts, and ISA reforms, with actionable tips and real-world examples. A standout aspect is the balance between accessible, down-to-earth explanations and data-driven insights, plus a willingness to cover timely policy changes and portfolio construction concepts in a concise format for listeners on the move.

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Which podcasts are similar to On The Money?

These podcasts share a similar audience with On The Money:

1. AJ Bell Money & Markets
2. Investors' Chronicle
3. Many Happy Returns
4. The Money To The Masses Podcast
5. This is Money Podcast

How many episodes of On The Money are there?

On The Money launched 7 years ago and published 437 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact On The Money?

Our systems regularly scour the web to find email addresses and social media links for this podcast. We scanned the web and collated all of the contact information that we could find in our podcast database. But in the unlikely event that you can't find what you're looking for, our concierge service lets you request our research team to source better contacts for you.

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What guests have appeared on On The Money?

Recent guests on On The Money include:

1. Elsa Craig
2. Camilla Esmund
3. Ben Whitmore
4. Nick Clay
5. Damien Hill
6. Mat Masters
7. Jason Pickock
8. Richard Hunter

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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