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.[1] Established in 2005, the company is a listed on the London Stock Exchange. The Chairman is John Rennocks.[2]

Utilico Emerging Markets’ (UEM) investments focuses predominantly on the emerging markets of Asia, Latin America, Emerging Europe and Africa. UEM's gross assets at 31 August 2018 was £547.5 million.[3] 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 August 2018[4]:

Company Name Country Sector Gross Assets
International Container Terminal Services Inc The Philippines Ports operator and provider of shipping services 4.6%
Ocean Wilsons Holdings Limited Brazil Ports operator and provider of shipping services 3.9%
China Resources Gas Group Ltd Hong Kong Gas distributor 3.7%
Yuexiu Transport Infrastructure Limited China Toll roads operator 3.6%
Transgaz S.A. Romania Gas transmission 3.1%
Transletica S.A. Romania Electricity transmissionik 2.9%
Cia de Gas de Sao Paulo Brazil Gas distributor 2.6%
Malaysia Airports Holdings Berhad Malaysia Airport operator 2.6%
Alupar Investimento S.A. Brazil Electricity generation and transmission 2.6%
Energisa S.A. Brazil Electricity distributionir 2.5%

Directors

  • John Rennocks - Chairman of Utilico Emerging Markets Trust plc, Chairman of Bluefield Solar Income Fund Limited[5] and Chairman of AFC Energy plc[6].
  • Garth Milne - Deputy Chairman of Utilico Emerging Markets Trust plc, and a Director of Invesco Perpetual UK Smaller Companies Investment Trust plc[7]. He was previously Chairman of Westhouse Holdings plc.
  • Susan Hansen – Director of Homeloans Limited[8], Conrad Funds Management Limited (New Zealand)[9] and Cognition Education Group[10].
  • Garry Madeiros OBE - Deputy Chairman of the Bermuda Casino Gaming Commission[11], and a Director of BF&M Limited[12] and BF&M Life Insurance Company[12].
  • Anthony Muh - Director of H.R.L. Morrison & Co[13] and Chairman of JIDA Capital Partners Limited[14], Vice Chairman and council member of Asia Corporate Governance Association[15]. He was previously Chairman of the Hong Kong Securities and Investment Institute[16].

Awards

UEM has won a number of awards, including:

  • 2014 Moneywise Investment Trust Awards - Winner, Global Emerging Markets[20]

References

  1. ↑ Utilico Emerging Markets offers capital growth and income Investors Chronicle
  2. ↑ "Utilico Emerging Markets Ltd". Financial Times Markets. Financial Times. Retrieved 4 April 2017.
  3. ↑ "Gross Assets" (PDF). Utilico Emerging Markets Trust. Retrieved 3 October 2018.
  4. ↑ "UEM Portfolio". Utilico Emerging Markets Trust. Retrieved October 3, 2018.
  5. ↑ "Bluefield Solar Income Fund Board of Directors". www.bluefieldsif.com. Retrieved 15 September 2017.
  6. ↑ "AFC Energy Board of Directors". Retrieved 15 September 2017.
  7. ↑ "Invesco Perpetual Board of Directors". www.invescoperpetual.co.uk.
  8. ↑ "Homeloans Limited Board of Directors". www.homeloans.com.au.
  9. ↑ "Conrad Funds Management Board of Directors". www.conradfundsmanagement.co.nz.
  10. ↑ "Cognition Education Group Board of Directors". cognitioneducation.com.
  11. ↑ "Bermuda Gaming Commission Board of Directors". www.bcgc.bm.
  12. 1 2 "BF&M Limited Leadership Team" (PDF). www.bfm.bm.
  13. ↑ "HRL Morrison Board of Directors". hrlmorrison.com.
  14. ↑ "JIDA Capital Investment Team". jidacapital.com.
  15. ↑ "ACGA Council". www.acga-asia.org.
  16. ↑ "HKSI Press Release". www.hksi.org.
  17. ↑ "2017 Emerging Market Rated Funds". www.moneyobserver.com.
  18. ↑ "Investment Trust Awards 2016". www.moneyobserver.com.
  19. ↑ "Moneywise Investment Trust Awards 2015". www.moneywise.co.uk.
  20. ↑ "The Moneywise Investment Trust Awards 2014". www.moneywise.co.uk.
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