Stock data
Market cap. | £187.1m |
Last close | 476.50p |
High / Low (52 weeks) | 498.0p / 378.0p |
Stock market listing | LN |
Forecast net debt (m) | N/A |
Forecast gearing ratio (%) | N/A |
Team | Investment Companies |
Sector | Investment trusts |
Other companies in sector Show
Company news
Latest research
New dividend and discount management policies
Review | Investment trusts | 17/07/2018
Optimistic outlook for Latin American equities
Review | Investment trusts | 15/02/2018
Economic progress in Brazil
Review | Investment trusts | 31/07/2017
The beginning of a sustained bull market?
Review | Investment trusts | 16/01/2017
Brighter outlook for LatAm's largest economy
Review | Investment trusts | 27/05/2016
Navigating difficult markets
Update | Investment trusts | 03/11/2015
Long-established, diversified regional specialist
Review | Investment trusts | 26/03/2015
Recovery potential despite commodity slowdown
Review | Investment trusts | 21/08/2014
Low expectations may herald an opportunity
Review | Investment trusts | 18/02/2014
Be greedy when others are fearful
Review | Investment trusts | 29/07/2013
Investment summary
BlackRock Latin American Investment Trust (BRLA) is managed by Will Landers, who says that investor attitudes towards Latin American equities have changed. 2017 was a period of confidence in the region’s prospects, but now there is more scepticism about the growth outlook. However, the manager remains optimistic about potential returns from Latin American equities. In the key Brazilian economy, he cites higher domestic demand and a favourable interest rate environment, with the benchmark interest rate having more than halved to a record low level. BRLA has recently announced new dividend and discount management policies, which may lead to a narrowing in its discount over time. Dividends will now be paid four times a year, equivalent to 1.25% of the dollar-based, quarter-end NAV. As a result, the trust now offers an attractive prospective yield.
Last updated on 17/07/2018
Key management
Company address
12 Throgmorton Avenue London EC2N 2DL United Kingdom 020 7743 3000 View website |