Temple Bar (TMPL) was launched in 1926 and has been a UK-focused equity trust for many decades although it has the flexibility to invest up to 30% of its portfolio overseas. The trust was run by Alastair Mundy of Investec/Ninety One from 2002 to early 2020, who was famous for his deep value approach, however, he left for health reasons soon after a very heavy fall in the share price when COVID first struck. RWC Asset Management was appointed as the trust's new managers and the team of Ian Lance and Nick Purves have been responsible for the portfolio since October 2020. The trust's share price ...