BlackRock Continental European Fund D Inc
3,744.24p/3,736.538p
-9.829p (-0.26%)
MCCOI
B6YTYJ1
GB00B6YTYJ18
- Key stats
- Growth
- Fidelity insight
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
Our view
- Large cap focus
- Combination of top down and bottom up analysis
- Strong risk discipline
Vincent Devlin, manager of the BlackRock Continental European Fund, is very much a bottom-up stock-picker, but one who nevertheless remains aware of broader economic themes.
Devlin graduated from the University of Manchester in 1992 with a degree in Electronic Engineering. His investment career started two years later when he joined the Co-operative Insurance Society, where he spent four years before moving to Insight Investments in 1998 as a fund manager of European equities. Following a four year stint at Insight Investments, Devlin moved to Scottish Widows until 2007. He has since moved to BlackRock, where he manages this fund.
The European team at BlackRock is led by Nigel Bolton who encourages rigorous debate and teamwork. Devlin, Bolton and other members of the team also worked together at Scottish Widows.
This fund is heavily exposed to large companies and Devlin will adjust its composition based on his bottom-up idea generation where he looks for companies with good earnings and cash flow profiles. Risk management is an essential part of the manager’s investment process and he relies heavily on BlackRock’s risk analytics.