The European Equity Fund, Inc. Announces Executive Change
September 04, 2019 at 02:30 am IST
Share
The European Equity Fund, Inc. (the 'Fund') announced that Britta Weidenbach will replace Gerd Kirsten as the portfolio manager of the Fund effective October 1, 2019. Frank Kuemmet will continue to serve as the Fund’s deputy portfolio manager. Ms. Weidenbach is the EMEA (Europe, the Middle East and Africa) Co-Head of Equities and Head of Portfolio Management European for DWS. She joined DWS in 1999. Prior to her current role, Ms. Weidenbach served as Head of Large Cap Equities for DWS. She has been responsible for managing European equity funds since 2001. Ms. Weidenbach earned a Masters Degree in Economics (“Diplom-Volkswirtin”) from the University of Konstanz and is a CFA Charterholder.
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.
THE EUROPEAN EQUITY FUND, INC. 
