For premium subscribers we periodically do interviews with fund managers and analysts about current market conditions and funds and markets (occasionally shares) that we invest in. This one is with Ian Lance and Nick Purves, the recently appointed managers of the Temple Bar investment trust. Both men formerly worked together for Schroders before joining the boutique firm of RWC Partners.

Temple Bar, founded in 1926, was managed for many years by Alastair Mundy until his departure through ill-health a year ago. His contrarian value style, seeking to invest in deeply out out of favour companie...