Templeton Emerging Markets IT PLC Edison issues update on Templeton Emerging Markets
27 Febrero 2023 - 2:48AM
RNS Non-Regulatory
TIDMTEM
Templeton Emerging Markets IT PLC
27 February 2023
London, UK, 27 February 2023
Edison issues update on Templeton Emerging Markets IT (TEM)
Templeton Emerging Markets Investment Trust (TEMIT) has two very
experienced managers: Chetan Sehgal (lead manager - based in
Singapore) and Andrew Ness (based in Edinburgh). They are
encouraged by the trust's improved absolute and relative
performance in recent months as investors are focusing more on
company fundamentals rather than macroeconomic developments. The
managers seek quality companies with high returns and sustainable
business models that are trading at a discount to their intrinsic
values and TEMIT's resulting portfolio is broadly diversified by
geography, sector and market cap.
TEMIT's 12.8% discount compares with the 9.3-16.4% range of
discounts over the last 12 months. Over the last one, three, five
and 10 years the trust's average discounts are 12.8%, 11.1%, 11.2%
and 11.3% respectively. There is scope for the trust to be afforded
a higher valuation if its relative performance continues to improve
or investor sentiment towards emerging market equities becomes more
favourable.
Click here to view the full report or here to sign up to receive
research as it is published.
All reports published by Edison are available to download free
of charge from its website
www.edisongroup.com
About Edison: E dison is a leading research and investor
relations consultancy, connecting listed companies to the widest
pool of global investors. By focusing on the volume and quality of
investors reached - across institutions, family offices, wealth
managers and retail investors - Edison can create and gauge intent
to purchase, even in the darkest pools of capital, and then make
introductions via non-deal roadshows, events or virtual
meetings.
Having been the first in-market 17 years ago, Edison now has
more than 100 analysts covering every economic sector.
Headquartered in London, Edison also has offices in New York,
Frankfurt, Amsterdam and Tel Aviv and a presence in Athens,
Johannesburg and Sydney.
Edison is authorised and regulated by the Financial Conduct
Authority .
Edison is not an adviser or broker-dealer and does not provide
investment advice. Edison's reports are not solicitations to buy or
sell any securities.
For more information, please contact Edison:
Mel Jenner +44 (0)20 3077 5700
investmenttrusts@edisongroup.com
Learn more at www.edisongroup.com and connect with Edison
on:
LinkedIn www.linkedin.com/company/edison-group-/
Twitter www.twitter.com/Edison_Inv_Res
YouTube www.youtube.com/edisonitv
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAEAPAXADDDEEA
(END) Dow Jones Newswires
February 27, 2023 03:48 ET (08:48 GMT)
Templeton Emerging Marke... (LSE:TEM)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Templeton Emerging Marke... (LSE:TEM)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024