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