A well-known contrarian investor, Alastair's approach to value investing employs a bottom-up stock selection process to invest in undervalued, out-of-favour companies with strong balance sheets.
Alastair Mundy grew up in East London convinced he would be the first British Wimbledon Men’s Singles Champion since Fred Perry.
After graduating from City University with a Bachelor of Science degree in Actuarial Science in 1988, and a brief stint analysing British government debt, he became an equity analyst.
As well as being the portfolio manager for Temple Bar Investment Trust, (since 1 January 2003) Alastair manages a number of other funds that adopt a similar value investment style, including the Investec Cautious Managed Fund and the Investec UK Special Situations Fund. Alastair is Head of the Value team at Investec Asset Management, having joined in 2000 from Morley Fund Management.
He is married with three children and remains committed to mastering his second serve.
Although many people consider bloody-mindedness and stubbornness as being perfect qualifications for a contrarian investor, the approach is in fact a little different than that.
Portfolio Manager, Temple Bar Investment Trust
Temple Bar explained
In this short video, Alastair explains the investment process behind the management of the portfolio as well how Temple Bar differs from other investment trusts.
Thought For The Month
20th March 2018
The concept of including a 'future us' in the decision making process is particularly appealing to a contrarian investor.