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RWC appointed to turn around performance at Temple Bar investment trust

The 94-year-old Temple Bar investment trust will be overseen by RWC fund managers Nick Purves and Ian Lance, as former manager Alastair Mundy pursues a new career in teaching

RWC Partners, the UK investment boutique, has been appointed to take over management of one of the UK's most popular investment trusts following a prolonged period of underperformance.

The 94-year-old Temple Bar investment trust had been overseen by UK star fund manager Alastair Mundy at Ninety One, formerly known as Investec Asset Management, since 2002.

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