BlackRock European Dynamic

Introduction to the fund

Before taking over sole charge of the fund in January 2020, after Alister Hibbert stepped down as lead manager, Giles had worked with Alister for over a decade and co-managed the fund with him since 2015. The process, which remains unchanged, is highly intricate and in-depth, with numerous steps including external and in-house screening tools, as well as producing weekly data packs on company fundamentals, sectors, countries, volatility and commodities. This is made possible through BlackRock’s extensive European research team, which has a large number of portfolio managers and sector analysts covering all market areas. The result is a fairly concentrated portfolio of between 35 and 65 stocks.

Fund manager

Giles Rothbarth



Giles Rothbarth became co-manager of this fund in 2019, and lead manager at the beginning of 2021. He previously ran the company’s Continental European fund as well as being part of the 13-strong European equity team where he has specialised in the financials sector. Giles joined BlackRock in 2010, having earned an MA (Hons) degree in Philosophy, Politics & Economics from Oxford University. Before joining the European team, he worked on the UK specialist team with responsibility for the utilities and the oil & gas sectors.

Opinion on fund

The fund is one of the best in a competitive sector, with a genuinely flexible approach and a willingness from the team to constantly refine and enhance the fund’s process.

Fund performance

Documents

Key facts

  • Fund size

    £4,880.1m

  • Chelsea rating

    Buy

  • Core Selection

    Yes

  • Chelsea Risk Rating

    7

  • AMC

    0.75%

  • OCF

    0.91%

  • Unit Type

    Acc and Inc

  • Yield

    0.69%

  • FundCalibre rating

    Elite Rated

How to invest

Once you know where you want to invest, there are a number of ways you can invest:

  • Log in here and process your instruction
  • Call us on 020 7384 7300 to buy over the phone or request an application form
  • Download an application form and post it to us, along with a cheque
Find out more
Information icon

Important information

Source: Performance data sourced from FE Analytics (IA universe). Yield figures (per annum), Fund Size data and AMCs/OCFs are as at 23/01/2026 unless otherwise stated.

The performance graph, factsheets and Key Investor Information Document is provided by FEfundinfo, and updated on a daily basis.

Some funds listed are off shore-domiciled and subject to different regulations. Off shore funds typically do not offer investor compensation under the UK Financial Services Compensation Scheme (FSCS).

Performance history extended by FE fundinfo to illustrate the fund’s longer-term record.

Sector rankings calculated from multiple underlying sectors; certain funds remain unranked due to limited comparability.

Funds assigned to an alternative IA sector; sector rankings may differ accordingly.

The information provided is based on our proprietary qualitative and quantitative research. Whilst reasonable efforts have been taken to ensure accuracy, Chelsea Financial Services cannot guarantee that the information is free from errors, omissions, or inaccuracies.

This information does not constitute investment advice and should not be interpreted as a recommendation to invest in any fund listed. Past performance is not a reliable indicator of future returns.

Please read the full Important Notice on page 2 of the FundReview 2025 carefully before making investment decisions.

Whilst every effort has been made to ensure the accuracy of this information, Chelsea Financial Services takes no responsibility for any errors, omissions or inaccuracies contained therein. The funds within the Chelsea Selection are based on our proprietary research, which is both qualitative and quantitative. Please note this is not investment advice, nor does it imply that you should invest in this fund. Past performance is a not a guide to future returns.

To find out more about our Chelsea Risk Rating, please visit our dedicated page.

The AMC (annual management charge) is paid to the fund management company for managing the fund. It is calculated as a percentage of the value of the fund. The AMC is less than the Ongoing Charges Figure (OCF).

The OCF (ongoing charges figure): The cost includes the AMC and other fees such as registration, regulatory, audit and legal fees but does not include transaction costs and performance fees.