Operator
Good morning, and welcome to the Temple Bar Investment Trust plc investor presentation. [Operator Instructions]
The company may not be in a position to answer every question received during the meeting itself. However, the company can review all questions submitted today and publish responses where it’s appropriate to do so.
Before we begin, we’d like to submit the following poll. I’d now like to hand you over to Neil Winward, Frostrow Capital. Good morning, sir.
Unknown Attendee
Good morning to you, Paul, and good morning to you all. Another day, Wednesday, the 11th of March, and we’re here for an update on Temple Bar Investment Trust. And today, we have Nick Purves, Co-Portfolio Manager of the Trust, to provide an update.
As we know, it resides in the U.K. equity income sector with a market cap approaching about GBP 1.1 billion today. The Redwheel team, headed up by Nick together with Ian Lance, have been managing the assets for just over 5 years now. And in the last 3 and 5 years, they top over the period in the peer group in NAV and share price total return terms. Of course, we’re living in what seems like a parallel universe at the moment. So a very tough 10 days all around for everyone in financial markets, and it’s not much fun reading the newspapers. However, we do prefer to think of the current shakeout certainly for Temple Bar, I believe, as an opportunity and a very good opportunity for those investors looking at their allocation in their portfolios at this time and considering U.K. equity income investment.
The company
