Investment Trusts

BlackRock Greater Europe Investment Trust plc

BRGE:LSE

BlackRock Greater Europe Investment Trust plc

  • Price (GBX)541.00
  • Today's Change6.00 / 1.12%
  • Shares traded113.39k
  • 1 Year change2.46%
  • Beta1.0932
Data delayed at least 20 minutes, as of Nov 22 2024 13:30 GMT.
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Profile data is unavailable for this security.

About the company

BlackRock Greater Europe Investment Trust plc is a United Kingdom-based investment trust company. The Company's principal activity is portfolio investment. The Company’s objective is the achievement of capital growth, primarily through investment in a focused portfolio constructed from a combination of the securities of large, mid and small capitalization European companies, together with some investment in the developing markets of Europe. The Company also has the flexibility to invest in any country included in the Financial Times Stock Exchange 100 Index (FTSE) World Europe excluding United Kingdom (UK) index, as well as to invest in developing countries not included in the index. The Company invests approximately 25% of its portfolio in companies in developing Europe. The Company also invests approximately 5% of its portfolio in unquoted investments. The Company's investment manager is BlackRock Investment Management (UK) Limited (BIM (UK).

  • Revenue in GBP (TTM)102.07m
  • Net income in GBP91.61m
  • Incorporated2004
  • Employees0.00
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Profile

Management group(s)BlackRock Investment Management (UK) Ltd.
AIC sectorEurope
ISINGB00B01RDH75
Launch date20 Sep 2004
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The objective is the achievement of capital growth, primarily through investment in a focused portfolio constructed from a combination of the securities of large, mid and small capitalisation European companies, together with some investment in the developing markets of Europe. The Company also has the flexibility to invest in any country included in the FTSE World Europe ex UK Index, as well as the freedom to invest in developing countries not included in the Index but considered by the Manager and the Directors as part of greater Europe.

Managed by

Stefan Gries, Alexandra Dangoor

Management & contract fees

The contract is terminable on six months notice. The manager receives an annual fee of 0.85% p.a. of NAV on assets up to GBP350 m and 0.75% p.a. of NAV on assets thereafter. Where the Company invests in other investment or cash funds managed by BlackRock, any underlying fee charged is rebated.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Ashoka India Equity Investment Trust PLC113.79m96.65m465.05m0.00465.05m0.00
Fidelity Emerging Markets Ltd124.04m100.16m479.19m0.00479.19m0.00
Foresight Environmental Infrstrctr-3.83m-13.94m506.10m0.00506.10m0.00
European Opportunities Trust PLC111.31m98.45m508.43m0.00508.43m0.00
North Atlntc Smlr Cmpns Invtmnt Trst PLC97.77m89.13m511.26m0.00511.26m0.00
Pacific Horizon Investment Trust PLC42.31m26.91m513.32m0.00513.32m0.00
Blackrock Throgmorton Trust PLC95.13m88.42m514.48m0.00514.48m0.00
Foresight Group Holdings Ltd141.33m26.43m520.34m382.00520.34m382.00
Jpmorgan European Discovery Trust PLC51.79m39.58m522.35m0.00522.35m0.00
Blackrock Greater Eurp Invstmnt Trst PLC102.07m91.61m525.04m0.00525.04m0.00
Polar Capital Holdings plc214.47m41.81m530.09m191.00530.09m191.00
Chrysalis Investments Ltd109.41m103.82m557.25m0.00557.25m0.00
Henderson European Trust PLC76.31m71.73m566.42m0.00566.42m0.00
Bluefield Solar Income Fund Ltd925.00k-9.60m567.32m0.00567.32m0.00
SDCL Energy Efficiency Income Trust PLC-44.70m-56.30m567.67m0.00567.67m0.00
Polar Capital Global Fincls Trust PLC125.60m115.76m582.29m0.00582.29m0.00
Data as of Nov 22 2024. Currency figures normalised to BlackRock Greater Europe Investment Trust plc's reporting currency: UK Pound GBX
Data Provided by LSEG
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