Utilico Emerging Markets
Utilico Emerging Markets Trust plc is a large British investment trust dedicated to investments in infrastructure, utility and related sectors in the emerging markets. Established in 2005, Utilico Emerging Markets Trust is a listed on the London Stock Exchange. The Chairman is John Rennocks.
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 2019:| Company Name | Country | Sector | Gross Assets |
| International Container Terminal Services Inc | The Philippines | Ports operator and provider of shipping services | 5.7% |
| Alupar Investimento S.A. | Brazil | Electricity generation and transmission | 4.7% |
| Energisa S.A. | Brazil | Electricity distribution | 4.1% |
| Companhia de Saneamento do Parana | Brazil | Water and waste treatment | 4.0% |
| Rumo S.A. | Brazil | Rail based logistics operator | 3.7% |
| Cosan Logistica S.A. | Brazil | Rail-based logistics operator | 3.2% |
| Ocean Wilsons Holdings Limited | Brazil | Ports operator and provider of shipping services | 3.1% |
| Omega Geracao S.A. | Brazil | Renewable energy | 3.0% |
| China Everbright Greentech Limited | China | Biomass integrated utilisation and waste treatment | 2.9% |
| Ecorodovias Infraestrutura e Logistica S.A. | Brazil | Transportation company | 2.7% |
Directors
- John Rennocks - Chairman of Utilico Emerging Markets Trust plc, Chairman of Bluefield Solar Income Fund Limited and Chairman of AFC Energy plc.
- Garth Milne - Deputy Chairman of Utilico Emerging Markets Trust plc, and a Director of Invesco Perpetual UK Smaller Companies Investment Trust plc.
- Susan Hansen – Director of Resimac Group Limited, Conrad Funds Management Limited and Cognition Education Group.
- Eric Stobart - Chairman of Lloyds Superannuation Fund and Capita Managing Agency and a Director of BlackRock Throgmorton Trust
- Anthony Muh - Director of H.R.L. Morrison & Co and Chairman of JIDA Capital Partners Limited, Vice Chairman and council member of Asia Corporate Governance Association. He was previously Chairman of the Hong Kong Securities and Investment Institute.
Awards
- 2019 Money Observer Rated Funds
- 2019 - Emerging Markets
- 2016 Money Observer Trust Awards - Highly Commended, Best Emerging Market Trust
- 2015 Moneywise Investment Trust Awards - Winner, Global Emerging Markets
- 2014 Moneywise Investment Trust Awards - Winner, Global Emerging Markets