Edison Investment Research - Utilico Emerging Markets Trust PLC (UOEMF) Update: Differentiated emerging markets exposure

Report

Edison Investment Research

Update: Differentiated emerging markets exposure

Utilico Emerging Markets Limited (UEM) is a specialist, actively managed closed-end investment company investing in emerging markets with a focus on utilities, infrastructure and related companies. It is differentiated from other emerging market funds by its specific sector focus as well as a dividend yield of over 3%, reflecting a preference for investing in cash-generative companies. Compared with the peer group, UEMâ€™s NAV total return performance has been above average over one, three and five years and it has the lowest ongoing charge.

23/01/2015 8 EN

Underlying

Utilico Emerging Markets Trust PLC

See profile

BMG931151069 United Kingdom

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

See profile

Other Reports on these Companies

SmartInsider

Utilico Emerging Markets Trust: 2 directors bought/sold

Two Directors at Utilico Emerging Markets Trust bought/sold 498,430 shares at 200p. The significance rating of the trade was 82/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. ...

Free Trial

January 20, 2021 January 20, 2021 1 EN

Edison Investment Research

Utilico Emerging Markets Trust - Finding opportunities in technology infrastructure

Utilico Emerging Markets Trust (UEM) is managed by Charles Jillings at ICM Group. While the company has suffered a tough period of absolute and relative performance, Jillings is very encouraged by the prospects for the fund, given attractive valuations and businesses that are ‘delivering good results’. He believes he can be patient, waiting for UEM’s value to be realised, and in the meantime the trust offers an attractive dividend yield. The manager suggests that over time there is potential for UEM’s discount to narrow if sentiment towards emerging markets improves, which could be helped by a...

September 23, 2020 September 23, 2020 11 EN

Edison Investment Research

Utilico Emerging Markets Trust - Offering long-term value in emerging markets

Utilico Emerging Markets Trust (UEM) is managed by Charles Jillings at ICM Group. It is a specialist fund focusing on infrastructure and utility assets in emerging markets. The manager is encouraged by the prospects for UEMâ€™s investee companies, supported by urbanisation and significant growth in the regionsâ€™ middle classes. He also suggests that it â€˜is a very interesting time in the worldâ€™, with issues such as climate change and the shift to renewable energy high up on the global agenda, which should be beneficial for UEMâ€™s investments. While not used as a formal benchmark, as shown...

February 10, 2020 February 10, 2020 10 EN

Topps Tiles - Accelerating growth through Q125

Topps Tiles (TPT) is enjoying a return to revenue growth following a very challenging FY24 due to wider macroeconomic weakness. The company’s recovery is clearly being boosted by new revenue streams from its self-help initiatives, notably from trade and online customers across all of its brands. While the macroeconomic environment remains uncertain, it is pleasing that the strategy is supporting growth. The valuation continues to look compelling, even with limited macroeconomic recovery included in management’s long-term financial goals. With the Q125 trading update, the CEO has announced his ...

January 10, 2025 January 10, 2025 1 EN

Pedro Fonseca

Pedro Fonseca

Baillie Gifford US Growth Trust - A unique high-growth strategy meriting support

Baillie Gifford US Growth Trust (USA) invests in exceptional US businesses with the potential to grow substantially faster than the market and deliver above-market returns. Such businesses tend to operate at the cutting edge of technology-led change and USA has exposure to companies focused on AI, space travel and online services. This note reiterates USA’s unique investment proposition and scrutinises a recent proposal from Saba, a US hedge fund manager, aimed at ousting USA’s board and replacing its investment managers. Saba currently owns less than 28% of USA shares in issue. The trust’s bo...

January 10, 2025 January 10, 2025 1 EN

Kate Heseltine

Kate Heseltine

Greggs - More challenging environment in H224

Greggs has reported that FY24 profit is in line with management’s expectation despite the more challenging environment and slowing sales growth through H224. The more challenging market means that management is more cautious about the outlook for H125 than previously. With space expansion and recovery of cost inflation, it expects to deliver profit growth in FY25 albeit lower than previously anticipated. We have reduced our FY25 profit before tax estimate by c 2%.

January 9, 2025 January 9, 2025 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Update: Differentiated emerging markets exposure

Utilico Emerging Markets Trust: 2 directors bought/sold

Utilico Emerging Markets Trust - Finding opportunities in technology infrastructure

Utilico Emerging Markets Trust - Offering long-term value in emerging markets

Topps Tiles - Accelerating growth through Q125

Baillie Gifford US Growth Trust - A unique high-growth strategy meriting support

Greggs - More challenging environment in H224

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe