London Stock Exchange welcomes TEMIT celebrating its 30th anniversary

We are delighted to be celebrating the 30th anniversary of the launch of the Templeton Emerging Markets Investment Trust1 (TEMIT). Since launch in June 1989, TEMIT has gone from strength to strength. Not only is it the oldest emerging markets investment trust on the London Stock Exchange, but it has grown to also become the largest too – and today holds total assets in excess of £2 billion.  

TEMIT’s chairman Paul Manduca commented:

“We are exceptionally proud of how the company has adapted and evolved over the last 30 years – not to mention the returns achieved for our shareholders.  “The transformation of emerging markets is something that we explored in depth in our recently launched research study, The Changing Nature of Emerging Markets.  This report looks at how the emerging markets of today bear little resemblance to those which TEMIT began investing in 1989. Since that time, they have become far more outward looking, whilst also developing stronger trading relationships between each other. The report also shows that they have diversified the range of goods and services that they specialise in and become less reliant on commodities and basic manufactured goods. 

 “As we look forward, we believe that emerging markets will continue to have a major influence on the global economy.  In entering TEMIT’s thirtieth year, we remain confident that our active approach will continue to add value for our shareholders.”

Quick facts

Track
Market: Main Market
Instrument market cap (£m)
1,674.16
Listing/Admission to trading
26 Jul 2021
Looking for new and recent issues?

More recent

London Stock Exchange welcomes EnSilica plc to AIM

EnSilica is a designer and supplier of mixed signal ASICs (Application Specific Integrated Circuit). ASICs are Integrated Circuits or semiconductor chips developed for a particular use or product rather than for general purpose usage.  ASICs help differentiate products through optimised hardware making products smaller, faster, lower power, improved security, add

Learn more
60.84
London Stock Exchange Group welcomes The Future Investment Initiative Institute, celebrating the launch of the FII regional summit “Inclusive ESG for Emerging Markets”

The Future Investment Initiative (FII) Institute is a new global nonprofit foundation with an investment arm and one agenda: Impact on Humanity. Global, inclusive and committed to ESG principles, the FII Institute fosters great minds from around the world and turn ideas into real-world solutions in four critical areas: AI and Robotics, Education, Healthcare and Sustainability. The FII Institute

Learn more
European Assets Trust PLC celebrates 50 years.

This year, European Assets Trust PLC celebrates its fiftieth anniversary since launch in May 1972. The Company was created in 1972 following the acquisition of a Dutch investment company ‘Mijbeb NV’ by a consortium of United Kingdom institutional investors and the appointment of a predecessor of BMO Investment Business Limited as its Manager.

Initially the Company was listed solely on

Learn more
55.76
London Stock Exchange welcomes Grayscale and HANetf Celebrating the launch of Grayscale Future of Finance UCITS ETF

Grayscale Investments®, the world’s largest digital currency asset manager, today announced its first European ETF, Grayscale Future of Finance UCITS ETF (ticker: GFOF), that has listed on the London Stock Exchange (LSE) and will also be passported for sale across Europe.  

GFOF tracks the investment performance of the Bloomberg Grayscale Future of Finance Index and seeks to offe

Learn more