Board of BlackRock Emerging Europe trust offers shareholders rollover into group's Frontiers vehicle
Both co-managed by Sam Vecht
While the recent unpredictable geopolitical news flow has created challenges within Russia, it has served to mask a wealth of investment potential.
With effect from 31 March
Delegates at Investment Week's European Breakfast Briefing last month heard from a number of fund managers discussing the region's prospects.
The gloss has come off the emerging markets' story in the past year or so. Performance has disappointed, and of the BRIC countries, only India appears to be a story investors want to talk about positively.
Henderson Global Investors is seeking to revamp its "lacklustre" emerging markets range, with plans to strengthen the team and launch additional mandates.
A turning point in the performance of Eastern European equities may finally be on the cards this year, according to Sam Vecht, co-manager of the BlackRock Emerging Europe trust.
Billionaire investor George Soros has warned Europe could see a bout of deflation if harsh austerity measures wanted by Germany are implemented.