TEMPLE BAR INVESTMENT TRUST: Fund poised to benefit from UK's recovery
Investment trust Temple Bar has had a challenging past 12 months. There has been a change of manager, a near calamitous fall in its share price, and the need to take an axe to the dividend it pays shareholders. Yet the worst now seems over for this £690million fund that is invested in some of the most economically sensitive stocks listed on the UK stock market. With a Brexit deal done and an end in sight to the coronavirus pandemic, co-manager Ian Lance believes the trust is 'perfectly positioned' to benefit from a sustained recovery in the UK economy. Although the fund has recorded shocki...