Temple Bar Investment Trust | Research

Ian Lance and Nick Purves of Redwheel took over management of the Temple Bar Investment Trust around three years ago this October. Since then, the trust has delivered a NAV return of c.80% with the managers looking to combine a value-oriented discipline with deep fundamental analysis. Ian Lance provides an update for shareholders on the trust's positioning, showcases two investments which illustrate the investment process, and explains why his outlook for the fund moving forwards is positive.

Temple Bar’s cyclical bias allowed the trust to partake meaningfully in the rally during the latter part of 2022. Fund manager, Nick Purves, explains why the trust has favoured such companies and highlights why opportunities remain abundant in the UK stock market drawing on Shell and Barclays to illustrate this.

Nick Purves, fund manager of Temple Bar Investment Trust, explains recent changes in the portfolio, and how it is positioned for the long term, reflecting on the stock market as a discounting and forward-looking mechanism.

Temple Bar’s investment objective is to provide investors with a growing income combined with growth in capital. Fund manager, Nick Purves, provides an overview of the trust and the fundamental value investment style employed by the company since 1926.