News

06 Jan 2026

Morning briefing: Underperforming BlackRock Latin American triggers 25% tender; goodbye PRS REIT; shrinking Bellevue’s buybacks continue; Patria Private Equity up 2.1% in November

BlackRock Latin American (BRLA) is to hold a 25% tender offer after failing to hit the performance target set by its board over four years ago despite a rebound in 2025. The £118m investment trust, whose portfolio is managed by Sam Vecht and Gordon Fraser, said its US dollar investment returns had lagged the MSCI […]