The European Equity Fund, Inc. Announces Executive Changes
June 25, 2020 at 05:24 pm EDT
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The European Equity Fund, Inc. at its AGM announced each of the three Class III Directors nominated by the Board of Directors, Dr. Kenneth C. Froewiss, Dr. Wolfgang Leoni and Mr. Christian H. Strenger, was elected to serve for a term of three years and until his respective successor is elected and qualifies, one Class II Director nominated by the Board of Directors, Dr. Holger Hatje, was elected to serve a term of two years and until his successor is elected and qualifies; and one Class I Director, Ms. Hepsen Uzcan, was elected to serve a term of one year and until her successor is elected and qualifies.
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.