Numis drops Temple Bar in favour of Alex Wright's Fidelity Special Values

Removed from recommended list

David Brenchley
clock
Nick Purves and Ian Lance were named as Temple Bar's new managers in September
Image:

Nick Purves and Ian Lance were named as Temple Bar's new managers in September

Numis has removed Temple Bar from its investment companies recommended list after the appointment of RWC Partners as manager, preferring Alex Wright’s Fidelity Special Values.

September's decision from the board of the £484m Temple Bar to replace Ninety One with RWC's Nick Purves and Ian Lance was described by Numis analysts as "a brave one", suggesting the move to stick with...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Will booming private markets lead to success for private equity trusts?

Will booming private markets lead to success for private equity trusts?

PE trusts dominated in 2021

clock 26 January 2022 • 6 min read
Nick Train's trust has performed well so far this year
UK

Nick Train: 'several encouraging share prices' for companies in December

Outperformance in January

Nafeesa Zaman
clock 26 January 2022 • 2 min read
Several funds were replaced as Morningstar puts its stamp on ii Super 60 list

Five funds ejected from ii Super 60 following Morningstar makeover

Two-thirds of funds outperformed

clock 25 January 2022 • 3 min read
Trustpilot