BlackRock Latin American Inv Tst Edison issues review: BlackRock Latin American IT
16 2월 2018 - 12:31AM
RNS Non-Regulatory
TIDMBRLA
BlackRock Latin American Inv Tst
15 February 2018
London, UK, 15 February 2018
Edison issues review on BlackRock Latin American IT (BRLA)
BlackRock Latin American Investment Trust (BRLA) is managed by
Will Landers, who has 26 years of experience at BlackRock. He is
optimistic on the outlook for Latin American equities in 2018, due
to relatively attractive company valuations and improving economies
in the region, especially in Brazil, where he describes the
recovery as "slow and sure". He says that in 2017, emerging market
equity performance was led by Asian companies and there is
potential for Latin American companies to catch up if investors
have confidence in the improving economic outlook. After a recent
improvement in investment performance, BRLA's NAV total return is
now outperforming the benchmark over one, three and five years.
Over the last three years, BRLA's share price discount to
cum-income NAV has been broadly in a range of c 8% to c 16%. The
current 14.6% discount is wider than the range of averages over the
last one, three, five and 10 years of 8.0% to 13.2%. Effective from
2016, there is a biennial 24.99% tender offer in place, which is
triggered if BRLA underperforms the benchmark total return by more
than 1% pa and the share price discount to cum-income NAV has
averaged more than 5% over the same two-year period. The
performance threshold was achieved in the two years ending 31
December 2017, so there will be no 2018 tender.
Click here to view the full report.
All reports published by Edison are available to download free
of charge from its website
www.edisoninvestmentresearch.com
About Edison: Edison is an investment research and advisory
company, with offices in North America, Europe, the Middle East and
AsiaPac. The heart of Edison is our world-renowned equity research
platform and deep multi-sector expertise. At Edison Investment
Research, our research is widely read by international investors,
advisers and stakeholders. Edison Advisors leverages our core
research platform to provide differentiated services including
investor relations and strategic consulting.
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
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-investment-research
Twitter www.twitter.com/Edison_Inv_Res
YouTube www.youtube.com/edisonitv
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAZMGMZKKLGRZM
(END) Dow Jones Newswires
February 15, 2018 10:31 ET (15:31 GMT)
Merrill Lynch Latin Ame (LSE:MLLA)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Merrill Lynch Latin Ame (LSE:MLLA)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024