11th Sep 2025 19:07
BlackRock Latin American Investment Trust PLC - Latam arm of the New York City-based investor - Net asset value per share rises to 539.02 US cents at June 30 from US 393.78 cents at December 31. NAV return is 40.4% compared to the MSCI EM Latin America benchmark of 29.9%. Ups June quarter dividend to US 6.74 cents from 6.13 cents a year prior. Says portfolio overweight in domestic Brazil contributes to the performance, with positive impact from real estate developers and Brazilian retailers. Mexico bounces back in the six-month period, supported by 200 basis points of interest rate cuts this year. Notes the appreciation of the Peso against the US Dollar.
Current share price: 365.24 pence, closed up 0.5% on Thursday
12-month change: up 11%
By Aidan Lane, Alliance News reporter
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
Blackrock Lat A