The European Equity Fund, Inc. Announces Portfolio Manager Change
August 03, 2020 at 10:00 pm
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The European Equity Fund, Inc. announced that Juan Barriobero de la Pisa will replace Britta Weidenbach as the portfolio manager of the Fund effective September 1, 2020. Frank Kuemmet will continue to serve as the Fund’s deputy portfolio manager. Mr. Barriobero de la Pisa is a portfolio manager and research analyst within the DWS European Equities team. He served as the DWS Head of Spanish Equities from 2007-2019 and Executive Member of the Board at DWS Spain 2016-2018. He joined DWS in 1999 as US Equity Fund Manager with 5 years of industry experience.
The European Equity Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks long-term capital appreciation through investment primarily in equity and equity-linked securities of issuers domiciled in Europe. This Fund is diversified and primarily focuses its investments on equity securities of issuers domiciled in Europe, thereby increasing its vulnerability to developments in that region. It invests in various sectors, such as banks, beverages, building products, construction and engineering, insurance, media, information technology (IT) services, oil, gas and consumable fuels, pharmaceuticals, professional services, textiles, apparel and luxury goods, air freight and logistics, chemicals, diversified telecommunication services, semiconductors and semiconductor equipment, software, commercial services and supplies and others. DWS International GmbH is the investment adviser of the Fund.