RCS - BlackRock Grtr Eur - Edison update on BlackRock Greater Europe Inv Tst
08/04/2022 07:00
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220408:nRSH6381Ha&default-theme=true RNS Number : 6381H BlackRock Greater Europe Inv Tst 08 April 2022 London, UK, 8 April 2022 Edison issues update on BlackRock Greater Europe Investment Trust (BRGE) BlackRock Greater Europe Investment Trust (BRGE) has two co-managers: Stefan Gries, since June 2017, covering developed European markets, and Sam Vecht, since the fund's launch in September 2004, covering emerging European markets. The stock market rotation from growth to value stocks and the war in Ukraine have caused a setback for the trust in recent months. Nevertheless, BRGE remains considerably ahead of its benchmark over the last three, five and 10 years in both NAV and share price terms and it remains top of the AIC Europe sector peer group over these periods. Despite a step-back in relative performance and having had a modest exposure to Russian securities, BRGE regularly trades at a premium. The current 0.5% share price discount to cum-income NAV compares with a range of a 4.1% premium to a 3.7% discount over the last 12 months (average 1.6% premium). Over the last three, five and 10 years, the trust has traded at average discounts of 1.6%, 2.8% and 3.4% respectively. Click here (https://www.edisongroup.com/publication/process-based-on-a-three-to-five-year-view/30748/?utm_campaign=RNSreach%20Press%20Releases&utm_source=RNSreach&utm_medium=Press%20Release) to view the full report or here (https://share.hsforms.com/1fVgNrGCtTOSZsDLUBQVyzg3k1vq) 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 (http://www.edisongroup.com) About Edison: Edison 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 (https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000MfYL6AAN) . 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 5700 investmenttrusts@edisongroup.com (mailto:investmenttrusts@edisongroup.com) Sarah Godfrey +44 (0)20 3077 5700 investmenttrusts@edisongroup.com (mailto:investmenttrusts@edisongroup.com) Learn more at www.edisongroup.com (http://www.edisongroup.com) and connect with Edison on: LinkedIn https://www.linkedin.com/company/edison-group-/ (https://www.linkedin.com/company/edison-group-/) Twitter www.twitter.com/Edison_Inv_Res (http://www.twitter.com/Edison_Inv_Res) YouTube www.youtube.com/edisonitv (http://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 (mailto:rns@lseg.com) or visit www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy) . END NRAUPUQWCUPPURM