Dr. Wilhelm Bender Plans to Retire from the Board of Directors of The European Equity Fund, Inc
May 20, 2019 at 11:02 am EDT
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The European Equity Fund, Inc. at the AGM to be held on June 20, 2019, announced that Dr. Wilhelm Bender, a Class I Director who has served on the company's Board of Directors since 2013, plans to retire from the Board by the end of 2019.
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.