Troy Asset Management founder Sebastian Lyon joins Merryn this week to talk strategies for protecting your capital in these crazy markets. They also discuss how the low interest-rate environment hit the UK investment trust industry hard, and the way he sees it rebounding, as well as American exceptionalism and why there are good reasons to be cautious about investing in the US, and his outlook for gold.

Markets Wrap: Private Credit, War and a Lack of Safe Havens
20:50

UK Smart Savings Dilemma: SIPP, ISA or LISA?
10:10

Gold, Debt and the AI Boom: A Financial Historian’s Warning
33:39