Operator
Good morning, and welcome to the Temple Bar Funding Belief plc investor presentation. (Operator Directions)
The corporate might not be ready to reply each query acquired throughout the assembly itself. Nonetheless, the corporate can evaluation all questions submitted at the moment and publish responses the place it is acceptable to take action.
Earlier than we start, we might wish to submit the next ballot. I might now like at hand you over to Neil Winward, Frostrow Capital. Good morning, sir.
Unknown Attendee
Good morning to you, Paul, and good morning to you all. One other day, Wednesday, the eleventh of March, and we’re right here for an replace on Temple Bar Funding Belief. And at the moment, we’ve Nick Purves, Co-Portfolio Supervisor of the Belief, to supply an replace.
As we all know, it resides within the U.Ok. fairness revenue sector with a market cap approaching about GBP 1.1 billion at the moment. The Redwheel group, headed up by Nick along with Ian Lance, have been managing the belongings for simply over 5 years now. And within the final 3 and 5 years, they prime over the interval within the peer group in NAV and share value whole return phrases. In fact, we’re residing in what looks like a parallel universe for the time being. So a really powerful 10 days throughout for everybody in monetary markets, and it is not a lot enjoyable studying the newspapers. Nonetheless, we do want to think about the present shakeout definitely for Temple Bar, I consider, as a chance and an excellent alternative for these traders taking a look at their allocation of their portfolios at the moment and contemplating U.Ok. fairness revenue funding.
The corporate