Utilico Emerging Markets
Utilico Emerging Markets Trust plc ({{lse|UEM}}) is a large British investment trust dedicated to investments in infrastructure, utility and related sectors in the emerging markets.[http://www.investorschronicle.co.uk/2011/11/15/funds-and-etfs/fund-profiles/utilico-emerging-markets-offers-capital-growth-and-income-apqecqgbxWoMZnOUgNFHBN/article.html Utilico Emerging Markets offers capital growth and income] Investors Chronicle Established in 2005, Utilico Emerging Markets Trust ('UEM') is a listed on the London Stock Exchange. The Chairman is John Rennocks.{{cite web |url=https://markets.ft.com/data/investment-trust/tearsheet/directors?s=UEM:LSE |title=Utilico Emerging Markets Ltd |last1= |first1= |last2= |first2= |date= |website=Financial Times Markets |publisher=Financial Times |access-date=4 April 2017}}
UEM investments focuses predominantly on the emerging markets of Asia, Latin America, Emerging Europe and Africa. UEM is managed by ICM Limited and ICM Investment Management Limited, which is authorised and regulated by the Financial Conduct Authority.
Portfolio Summary
Top 10 holdings as at 31 December 2022:{{cite web |last= |first= |date= |title=Top Holdings |url=https://www.uemtrust.co.uk/portfolio |archive-url= |archive-date= |access-date=17 February 2023 |website=Utilico Emerging Markets Trust}}
| class="wikitable"
!Company Name !Country !Sector !Gross Assets |
| International Container Terminal Services Inc
|Ports operator and provider of shipping services |5.1% |
| Alupar Investimento S.A.
|Electricity generation and transmission |4.2% |
| Petalite Limited
|UK |Technology |3.6% |
| Gurjarat State Petronet Limited
|India |Gas transmission |3.4% |
| India Grid Trust
|India |Infrastructure company |3.1% |
| Centrais Eletricas Brasileiras
|Brazil |Electricity generation and transmission |3.0% |
| FPT Corporation
|Vietnam |Data Services |2.5% |
| VinaCapital Vietnam Opportunity Fund
|Vietnam |Investment Fund |2.4% |
| Power Grid Corporation of India Limited
|India |Electricity generation and transmission |2.4% |
| Orizon Valorizacao de Residuos S.A.
|Brazil |Waste treatment |2.4% |
Directors
- John Rennocks - Chairman of Utilico Emerging Markets Trust plc, Chairman of Bluefield Solar Income Fund plc{{Cite web|url=http://www.bluefieldsif.com/about-us/independent-board-of-directors|title=Bluefield Solar Income Fund Board of Directors|website=www.bluefieldsif.com|access-date=15 September 2017}} and Chairman of AFC Energy plc{{Cite web|url=http://www.afcenergy.com/about-us/board/|title=AFC Energy Board of Directors|work=AFC Energy |access-date=15 September 2017}}
- Mark Bridgeman - Director of Law Debenture Corporation plc{{Cite web|title=Law Debenture Board of Directors|url=https://www.lawdebenture.com/investment-trust/directors-and-investment-manager|access-date=14 February 2022|website=Law Debenture}}
- Susan Hansen – Director of Resimac Group Limited,{{Cite web|url=http://www.homeloans.com.au/investor-relations/homeloans-board-directors/|title=Homeloans Limited Board of Directors|website=www.homeloans.com.au}} and Cognition Education Group{{Cite web|url=http://cognitioneducation.com/board/|title=Cognition Education Group Board of Directors|website=cognitioneducation.com}}
- Isabel Liu - Director of Schroder Oriental Income Fund Limited{{Cite web|title=Schroder Oriental Income Fund Limited Annual Report and Accounts, For the year ended 31 August 2021|url=https://www.schroders.com/en/sysglobalassets/digital/uk/2021-11-10-schroder-oriental-income-fund-limited---web-rns.pdf?oid=1.9.2778081|access-date=14 February 2022|website=Schroder Oriental Income Fund Limited}}
- Eric Stobart - Chairman of Lloyds Superannuation Fund and Capita Managing Agency and a Director of BlackRock Throgmorton Trust{{Cite web|url=https://www.lsf.org.uk/about-us/eric-stobart/|title=Eric Stobart|last=|first=|date=|website=LSF Pensions|archive-url=|archive-date=|access-date=28 February 2020}}
Awards
UEM has won a number of awards, including:
- 2016 Money Observer Trust Awards - Highly Commended, Best Emerging Market Trust{{Cite web|url=http://www.moneyobserver.com/our-analysis/investment-trust-awards-2016-best-regional-trusts|title=Investment Trust Awards 2016|website=www.moneyobserver.com}}
- 2015 Moneywise Investment Trust Awards - Winner, Global Emerging Markets{{Cite web|url=https://www.moneywise.co.uk/funds/investing/moneywise-investment-trust-awards-2015|title=Moneywise Investment Trust Awards 2015|website=www.moneywise.co.uk|date=27 April 2015 }}
- 2014 Moneywise Investment Trust Awards - Winner, Global Emerging Markets{{Cite web|url=https://www.moneywise.co.uk/funds/investing/the-moneywise-investment-trust-awards-2014|title=The Moneywise Investment Trust Awards 2014|website=www.moneywise.co.uk|date=28 March 2014 |last1=Whitcombe |first1=Laura }}
References
{{reflist}}
External links
- {{official|https://www.uemtrust.co.uk/}}
{{Authority control}}
Category:Investment trusts of the United Kingdom
Category:Companies listed on the London Stock Exchange