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Barings Emerging EMEA Opportunities Plc - Investment Update
PR Newswire Finding quality companies from Emerging Europe, the Middle East and Africa
Investment Update
Further to the investment update announcement released on 21 January 2021, the Board of Barings Emerging EMEA Opportunities PLC (the Company ) is pleased to announce that all necessary custody account openings, some of which had been delayed due to the impact of COVID-19, have now been completed. Therefore, all target markets are accessible for direct investment by the Company in line with its investment policy.
For further information please contact:
Barings Emerging EMEA Opportunities PLC, via J.P. Morgan Cazenove
Barings Emerging EMEA Opportunities Plc - Investment Update
PR Newswire Finding quality companies from Emerging Europe, the Middle East and Africa
Investment Update
The Board of Barings Emerging EMEA Opportunities PLC (the Company ) wishes to update shareholders on investment progress since the change of investment strategy was approved by shareholders on 13 November 2020.
Since this date to 15 January 2020, the net asset value per share on total return basis, has increased by 12.2 per cent. to 833.51p per share. Accordingly, since the revised investment policy was approved to 15 January 2020 the Company has outperformed its new benchmark (the MSCI Emerging Markets EMEA Index (net)) by 3.8 per cent, buoyed by an ongoing recovery of the most cyclically exposed sectors within the portfolio which are most sensitive to improvements in the economic outlook.