Baring Emerging Europe to expand remit and change name in trust overhaul

Fees have also been reduced

Baring Emerging Europe is set to expand its remit to include the Middle East and Africa, and change its name as part of an overhaul of the trust's process.

The trust, which will continue to include emerging Europe, will change its name to Baring EMEA Opportunities to reflect the increased scope. Deep Dive into emerging market equities: Good time to invest in the sector during pandemic - or not? Baring said the changes would reduce its hydrocarbons exposure and the concentration of its political/country risk, while the new policy offers exposure to a larger cross section of high growth opportunities which it believes are underrepresented in global portfolios and less concentrated in the energy sector. In line with these changes, the co...