BlackRock Energy and Resources Income (BERI) has seen an undeniable improvement in its prospects since the shift in emphasis in its strategy in June 2020, explicitly positioning the trust towards the decarbonisation of the global economy. However, over the last year or so, performance has been driven by its significant exposure to traditional energy companies which have been reporting bumper profits. Whilst not exactly what one might have expected when the board evolved the strategy, as we discu ....
05 Jul 2022
BlackRock Energy and Resources Income
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BlackRock Energy and Resources Income
BlackRock Energy and Resources Income Trust plc (BERI:LON) | 112 1.5 1.2% | Mkt Cap: 142.3m
- Published:
05 Jul 2022 -
Author:
William Heathcoat Amory -
Pages:
7
BlackRock Energy and Resources Income (BERI) has seen an undeniable improvement in its prospects since the shift in emphasis in its strategy in June 2020, explicitly positioning the trust towards the decarbonisation of the global economy. However, over the last year or so, performance has been driven by its significant exposure to traditional energy companies which have been reporting bumper profits. Whilst not exactly what one might have expected when the board evolved the strategy, as we discu ....