RCS - Temple Bar Inv.Tst. - Update from QuotedData

Temple Bar Investment TrustAnnouncement

28/03/2024 16:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240328:nRSb7850Ia&default-theme=true

RNS Number : 7850I  Temple Bar Investment Trust PLC  28 March 2024

 

Temple Bar - Update from QuotedData

28(th) March 2024

Foundations for success

We are now more than three years into the tenure of Ian Lance and Nick Purves
as managers of the Temple Bar Investment Trust. In that time, the Redwheel
team has established a well-diversified portfolio of value-orientated
(https://quoteddata.com/glossary/investing/)  holdings, positioned for what
they believe is a long-overdue reversion to more normal market conditions,
after a decade of exceptional economic policy and quantitative easing
(https://quoteddata.com/glossary/quantitative-easing-or-qe/) .

Slowing growth and stubborn inflation in the UK have weighed on returns over
the past 12 months. However, the trust remains well ahead of both benchmark
(https://quoteddata.com/glossary/benchmark/)  and peer group
(https://quoteddata.com/glossary/peer-group/)  averages since the change in
management, and the current negative sentiment surrounding UK markets has
allowed Ian and Nick to pick up a number of market-leading companies at
historically low multiples
(https://quoteddata.com/glossary/price-earnings-ratio-p-e-ratio/) .

There remain challenges in the short term, particularly around the path of
inflation; however, we believe the pragmatic value strategy implemented by the
managers leaves the trust increasingly well positioned.

Full Research:

https://quoteddata.com/research/temple-bar-foundations-success-qd/
(https://quoteddata.com/research/temple-bar-foundations-success-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
and factsheets on every London listed Investment Company. QuotedData writes
and distributes research on a number of quoted companies, facilitates meetings
between those companies and existing and potential investors and assists in
raising additional capital where required.

NB: Marten & Co was paid to produce this note on Temple Bar Investment
Trust Plc, and it is for information purposes only. It is not intended to
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.
QuotedData is a trading name of Marten & Co Limited which is authorised
and regulated by the Financial Conduct Authority. Marten & Co is not
permitted to provide investment advice to individual investors categorised as
Retail Clients under the rules of the Financial Conduct Authority.

QUOTEDDATA

50 Gresham Street | London EC2V 7AY

Tel: +44 (0) 20 3691 9430

www.quoteddata.com (http://www.quoteddata.com) | research@quoteddata.com
(mailto:research@quoteddata.com) | www.martenandco.com
(http://www.martenandco.com)

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAUWVVRSAUOUAR