Edison Investment Research Limited Edison issues report on Utilico Emerging Markets Trust (UEM) 15-Jan-2025 / 17:57 GMT/BST The issuer is solely responsible for the content of this announcement. London, UK, 15 January 2025 Edison issues report on Utilico Emerging Markets Trust (UEM) Edison issues report on Utilico Emerging Markets Trust (LSE: UEM). Utilico Emerging Markets Trust’s (UEM’s) managers Charles Jillings and Jacqueline Broers remain very upbeat about the long-term prospects for emerging market equities. They consider that, in aggregate, corporates are continuin...
Edison Investment Research Limited Edison issues report on Utilico Emerging Markets Trust (UEM) 18-Sep-2024 / 11:27 GMT/BST The issuer is solely responsible for the content of this announcement. London, UK, 18 September 2024 Edison issues report on Utilico Emerging Markets Trust (UEM) Edison issues report on Utilico Emerging Markets Trust (LSE: UEM). Utilico Emerging Markets Trust (UEM) is managed by Charles Jillings, at specialist value-based investor ICM. He reports that, operationally, the trust’s investee companies are performing extraordinarily well, although this i...
Utilico Emerging Markets Trust (UEM) is managed by Charles Jillings, at specialist value-based investor ICM. He reports that, operationally, the trust’s investee companies are performing extraordinarily well, although this is not being reflected in the market. The manager suggests that investors have multiple distractions including concerns about a US recession, the US presidential election and wars in Ukraine and the Middle East. UEM’s investments in infrastructure and utility assets ensure the...
Edison Investment Research Limited Edison issues review on Utilico Emerging Markets Trust (UEM): Quality of UEM’s assets is underappreciated 10-Apr-2024 / 12:16 GMT/BST The issuer is solely responsible for the content of this announcement. London, UK, 10 April 2024 Edison issues review on Utilico Emerging Markets Trust (UEM): Quality of UEM’s assets is underappreciated Utilico Emerging Markets Trust’s (UEM’s) manager Charles Jillings, at specialist investor ICM, is very excited about the prospects for the trust’s investee companies. He believes that investors underappreci...
Utilico Emerging Markets Trust’s (UEM’s) manager Charles Jillings, at specialist investor ICM, is very excited about the prospects for the trust’s investee companies. He believes that investors underappreciate the quality of these businesses and the teams that manage them. Jillings travels extensively, along with deputy portfolio managers Jacqueline Broers and Jonathan Groocock, meeting with current portfolio and other firms and relevant organisations in emerging markets. They report first hand ...
Utilico Emerging Markets Trust (UEM) is managed by Charles Jillings, together with deputy portfolio managers Jacqueline Broers and Jonathan Groocock, at specialist investor ICM. Jillings is frustrated by the trust’s wide discount, which he believes does not accurately reflect UEM’s strong past performance and future growth prospects. The fund has a consistently low beta and has outperformed the MSCI Emerging Markets Index over the past one, three, five and 10 years due to successful stock select...
Utilico Emerging Markets Trust’s (UEM’s) manager Charles Jillings, at value-focused ICM Group, is excited about the prospects for the trust as he strongly believes that the operational strength of investee companies is not reflected in their current share prices. He has good visibility into the businesses in UEM’s portfolio, and a recent trip to Latin America reinforced his view that their management teams are taking advantage of available growth opportunities. Jillings and his team are making a...
Utilico Emerging Markets Trust (UEM) is managed by Charles Jillings at value-focused investment firm ICM Group. He says that the trust’s high- conviction, differentiated portfolio offers exposure to attractive long-term investment opportunities. More than 95% of the fund is invested in operational assets, and greater than 90% is held in listed securities. UEM’s portfolio companies have long-term assets and most of them have established regulatory frameworks. The manager stresses the importance o...
Utilico Emerging Markets Trust (UEM) is managed by Charles Jillings at specialist investment firm ICM Group. He strongly believes the trust’s portfolio is undervalued and is encouraged by the recent earnings reports from the majority of UEM’s investee companies. The trust has generated robust absolute and relative performance compared with the MSCI Emerging Markets Index over the last 12 months. Jillings continues to invest for the medium to long term in companies with attractive business models...
Utilico Emerging Markets Trust (UEM) is facing a continuation vote at the September 2021 AGM; since inception, the fund has generated NAV total returns of c 10.0% pa and has outperformed the MSCI Emerging Markets Index over the last decade. It is managed by Charles Jillings at specialist investment firm ICM Group. The manager is very encouraged by the robust operating performance of the majority of UEM’s investee companies, helped by higher revenues and strict cost control, which has been suppor...
Utilico Emerging Markets Trust (UEM) is facing a continuation vote at the September 2021 AGM; since inception, the fund has generated NAV total returns of c 10.0% pa and has outperformed the MSCI Emerging Markets Index over the last decade. It is managed by Charles Jillings at specialist investment firm ICM Group. The manager is very encouraged by the robust operating performance of the majority of UEM’s investee companies, helped by higher revenues and strict cost control, which has been suppor...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Utilico Emerging Markets Trust (UEM) is managed by Charles Jillings at specialist investment firm ICM Group. He reports that ‘operationally, portfolio companies are delivering results above expectations, helped by lower cost bases and higher margins’. However, the manager suggests there is hidden value in UEM’s portfolio as company valuations are lagging the improvement in their fundamentals. Jillings is encouraged that the trust is continuing to pay regular quarterly dividends, which remained f...
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