Investment Trusts

BlackRock Greater Europe Investment Trust plc

BRGE:LSE

BlackRock Greater Europe Investment Trust plc

  • Price (GBX)640.00
  • Today's Change0.00 / 0.00%
  • Shares traded103.51k
  • 1 Year change17.65%
  • Beta1.0816
Data delayed at least 20 minutes, as of May 17 2024 16:35 BST.
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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)125.54m
  • Net income in GBP116.35m
  • 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
Brunner Investment Trust Plc46.38m40.63m578.49m0.00578.49m0.00
Pacific Horizon Investment Trust PLC-38.36m-51.96m579.37m0.00579.37m0.00
Molten Ventures PLC-126.40m-160.30m585.10m58.00585.10m58.00
Baillie Gifford US Growth Trust PLC26.82m20.74m589.79m0.00589.79m0.00
JLEN Environmental Assets Group Ltd20.41m10.42m591.41m0.00591.41m0.00
European Opportunities Trust PLC77.54m64.12m593.94m0.00593.94m0.00
Blackrock Greater Eurp Invstmnt Trst PLC125.54m116.35m640.92m0.00640.92m0.00
Henderson Smaller Companies Inv Trst PLC-54.04m-60.89m641.00m0.00641.00m0.00
Asia Dragon Trust PLC-36.25m-46.86m652.03m0.00652.03m0.00
Bluefield Solar Income Fund Ltd932.00k13.14m654.13m0.00654.13m0.00
Baillie Gifford Japan Trust PLC26.92m18.32m657.25m0.00657.25m0.00
GCP Infrastructure Investments Ltd51.71m30.91m659.54m0.00659.54m0.00
Bellevue Healthcare Trust PLC-107.95m-121.04m660.15m0.00660.15m0.00
Schroder Oriental Income Fund Ltd-15.55m-25.91m665.68m0.00665.68m0.00
JPMorgan Indian Investment Trust plc21.41m2.96m677.85m0.00677.85m0.00
BlackRock Smaller Companies Trust plc-36.82m-44.14m698.96m0.00698.96m0.00
Data as of May 17 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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