BlackRock Greater Europe Inv Tst Edison issues review on BlackRock Greater Europe
March 17 2021 - 2:00AM
RNS Non-Regulatory
TIDMBRGE
BlackRock Greater Europe Inv Tst
17 March 2021
London, UK, 17 March 2021
Edison issues review on BlackRock Greater Europe Investment
Trust (BRGE)
BlackRock Greater Europe Investment Trust (BRGE) has two
co-managers: Stefan Gries (since June 2017, developed Europe - c
90% of the fund) and Sam Vecht (since launch in September 2004,
emerging Europe - c 10% of the fund). This note focuses on a recent
webinar with Gries where he discussed BRGE's investment strategy,
the fund's 2020 performance and his outlook for Europe and the
trust's prospects. For more information about BRGE please see our
latest review, published on 19 November 2020.
-- BRGE offers a diversified portfolio of high-quality European
equities across both developed and emerging markets for investors
wishing to gain exposure to the region.
-- Investment performance has been strong. BRGE has delivered
annualised NAV and share price total returns of 11.7% and 12.4%
respectively over the last decade (benchmark total return of 6.9%
pa). Over the 12 months to end-February 2021, the trust's NAV and
share price total returns of 40.9% and 34.5% respectively were
considerably ahead of the benchmark's 13.4% total return. BRGE's
NAV performance ranks first versus its seven peers in the AIC
Europe sector over the last three and five years.
-- BRGE now regularly trades at a premium and there were no
share repurchases in 2020, illustrating underlying demand for the
trust.
Click here to view the full report or here to sign up to receive research as it is published.
All reports published by Edison are available to download free
of charge from its website
www.edisongroup.com
About Edison: E dison is a leading research and investor
relations consultancy, connecting listed companies to the widest
pool of global investors. By focusing on the volume and quality of
investors reached - across institutions, family offices, wealth
managers and retail investors - Edison can create and gauge intent
to purchase, even in the darkest pools of capital, and then make
introductions via non-deal roadshows, events or virtual
meetings.
Having been the first in-market 17 years ago, Edison now has
more than 100 analysts covering every economic sector.
Headquartered in London, Edison also has offices in New York,
Frankfurt, Amsterdam and Tel Aviv and a presence in Athens,
Johannesburg and Sydney.
Edison is authorised and regulated by the Financial Conduct
Authority .
Edison is not an adviser or broker-dealer and does not provide
investment advice. Edison's reports are not solicitations to buy or
sell any securities.
For more information, please contact Edison:
Mel Jenner +44 (0)20 3077 5720
investmenttrusts@edisongroup.com
Sarah Godfrey +44 (0)20 3681 2519
investmenttrusts@edisongroup.com
Learn more at www.edisongroup.com and connect with Edison on:
LinkedIn https://www.linkedin.com/company/edison-group-/
Twitter www.twitter.com/Edison_Inv_Res
YouTube www.youtube.com/edisonitv
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAFZGMFFVRGMZM
(END) Dow Jones Newswires
March 17, 2021 03:00 ET (07:00 GMT)
Merrill Lynch Grtr Eur (LSE:MGE)
Historical Stock Chart
From Jan 2025 to Feb 2025
Merrill Lynch Grtr Eur (LSE:MGE)
Historical Stock Chart
From Feb 2024 to Feb 2025