Fund manager profile: Ian Lance on trusting the process
Redwheel’s Value and Income fund manager discusses the nuances of value investing
Redwheel’s Value and Income fund manager discusses the nuances of value investing
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We ran some questions past Ian Lance, co-fund manager of Temple Bar Investment Trust
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Several fund managers debate the merits of investing in the ‘Big Five’ lenders amid a busy month for the sector
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Shefaly Yogendra is also a member of the Temple Bar Investment Trust board
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But Redwheel managed trust sees NAV fall 4% amid unpredictable markets in H1
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Shares are up 74.3% since managers Ian Lance and Nick Purves took the helm in October 2020
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£714m trust has benefitted from recent value rally that began last autumn on positive vaccine news
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Performance of the investment trust has vastly improved since RWC takeover
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Ninety One reportedly had high hopes of keeping mandate despite star manager leaving for teaching career
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Baillie Gifford US Growth trust and music royalties investment trust Hipgnosis join the index
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Shareholders had only recently rejected the idea of taking a more ethical approach to the portfolio
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Ninety One replacement managers likely to offer consistent style but board could choose to ditch value
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