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RNS Number : 7692X Temple Bar Investment Trust PLC 31 August 2022
Temple Bar - Research from QuotedData
31 August 2022
Time to shine
It is coming up to two years since Redwheel (formerly RWC Partners) took
over management responsibility for Temple Bar (TMPL), and
performance figures (see page10) show that the change has proven to be a
good decision for the trust. Of course, the change in
investor appetite from growth to value-style investing has helped it along its
way, but the willingness of the managers - Ian Lance and Nick Purves - to go
against the trend (by buying cyclical businesses at the
lows, for example) shows the importance of stock-picking too. The managers
say that valuations are a measure of appetite for risk, and that on that score
we are back down to the lowest levels we have seen for about the past 25
years. In times like this (as seen during the global financial crisis, for
example), they say, it pays to take on more risk.
Full research:
https://quoteddata.com/research/temple-bar-time-shine-qd/
(https://quoteddata.com/research/temple-bar-time-shine-qd/)
This research is also available free on our website www.quoteddata.com
(http://www.quoteddata.com/) where you will also find news, performance data
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NB: Marten & Co was paid to produce this note on Temple Bar Investment
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encourage the reader to deal in the security or securities mentioned in this
report. Please read the important information at the back of this note.
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