The £474m BlackRock Greater Europe trust is set to drop Sam Vecht as co-portfolio manager, leaving Stefan Gries as sole portfolio manager for the trust.
BlackRock said that the departure of Vecht, who is a managing director of the firm's Global Emerging Markets Equities team, is happening to reflect "the current focus and asset allocation within the portfolio". Vecht will remain as co-manager of six of BlackRock's funds, including the firm's Frontiers trust, Latin American trust and Asia Pacific Absolute Return fund. He has managed the Greater Europe trust since September 2004. Gries, who has been run the trust since June 2017, is also a managing director and head of the European Equity team within the Fundamental Equity division of B...
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