Q&A: Investec's Alastair Mundy

David Stevenson (DS): You are a self-confessed contrarian. But markets over the past 18 months have lacked direction. Has that made things difficult for this style? Alastair Mundy (AM): Yes, we have not been doing a lot, but a lot of the time we do not do a lot. I think if we were absolute pure contrarians, we would be looking for absolute value, but we have more of an institutional mentality, so look at things in relative terms. We always get opportunities because there is always something rising relative to the market and always something falling relative to market. However, we d...