Overview
BlackRock Hedge Selector UK Emerging Companies’ investment objective was to seek to maximise total returns by investing primarily in mid and small cap UK equities, whilst limiting correlation with the UK equity market by maintaining a short portfolio. On 30 January 2015 shareholders voted to put the company into voluntary liquidation.
News
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26 Nov 2014 1 min read
BlackRock Hedge Selector to wind up
BHUE : BlackRock Hedge Selector to wind up BlackRock Hedge Selector has announced that proposals it had received from a third party to takeover the fund have now fallen away and therefore the Board are resolved to ask shareholders to put the fund into liquidation. The EGM needed to approve the liquidation is expected to […]
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21 Oct 2014 1 min read
BlackRock Hedge Selector shrinks ahead of review result
BHUE : BlackRock Hedge Selector shrinks ahead of review result BlackRock Hedge Selector has announced that its December redemption facility was oversubscribed – shareholders with 6.54m shares tried to exit – more than the 5.2m share exit that was available under the facility. The fund will therefore shrink by 20%. In the meantime, we are still […]
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26 Sep 2014 1 min read
Richard Plackett stepping down as manager of investment trusts
THRG, BHUE : Richard Plackett stepping down as manager of investment trusts Richard Plackett is returning from his sabbatical on 7 October but will step down as co-manager of BlackRock Throgmorton Trust and BlackRock Hedge Selector. Ralph Cox who took on the job in Richard’s absence, will now get the job permanently.
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05 Sep 2014 1 min read
BlackRock Hedge Selector considering its future
BHUE : BlackRock Hedge Selector considering its future BlackRock Hedge Selector has released a statement this morning that says “Given the current market capitalisation of the Company and prevailing share price discount, the Board of BlackRock Hedge Selector Ltd announce that they will be undertaking a shareholder consultation in relation to the current investment objective […]
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29 Aug 2014 1 min read
BlackRock Hedge Selector – UK Emerging Companies Share Class, reports a 7.7% fall in NAV during the first half of 2014
BHUE : BlackRock Hedge Selector – UK Emerging Companies Share Class, reports a 7.7% fall in NAV during the first half of 2014 BlackRock Hedge Selector‘s recent interims report a 7.7% fall in NAV for the UK Emerging share class during the first half of 2014, whilst the share price fell by 5.4%. The backdrop to […]
