19th Oct 2020 16:16
Baring Emerging Europe PLC - investment company - Proposes change of investment policy, which will expand geographical scope to include Europe, the Middle East and Africa, using the MSCI Emerging Markets EMEA Index as comparator benchmark.
Alternative Investment Fund Manager Baring Fund Managers Ltd has agreed to reduction of investment management fee to 0.75% of net asset value per annum from 0.80%.
In addition, Baring has proposed name of change to Barings EMEA Opportunities PLC, which will be proposed at upcoming general meeting.
Current stock price: 580.24 pence
Year-to-date change: down 35%
By Dayo Laniyan; [email protected]
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