Skip to content

Utilico Emerging Markets

Utilico Emerging Markets is a British listed investment trust focused on infrastructure, utility and related businesses in emerging markets.

Last updated August 26, 2026

AI crawler reads

No AI crawler has read this profile since Oct 28, 2026.

Overview

Utilico Emerging Markets, formally Utilico Emerging Markets Trust plc, is a British investment trust established in 2005 and listed on the London Stock Exchange under the ticker UEM. Its investment mandate concentrates on infrastructure, utility and closely related sectors in emerging markets, with geographic exposure spanning Asia, Latin America, Emerging Europe and Africa. The trust is designed to provide investors with access to businesses that operate essential or economically important networks and services. Its stated areas of interest include utilities and infrastructure-related activities, although the available reference material does not provide a complete breakdown of portfolio holdings, asset allocation, investment limits or individual security positions. The focus gives the trust a distinctive profile within the emerging-markets investment-company sector: rather than presenting itself as a general emerging-markets equity vehicle, it emphasizes companies connected with infrastructure provision, utilities and associated services. Utilico Emerging Markets is managed by ICM Limited, an investment manager authorised and regulated by the UK's Financial Conduct Authority. The trust is overseen by a board, with Mark Bridgeman identified as chairman in the available reference material. As a listed investment trust, its shares trade on the London Stock Exchange and may therefore trade at a premium or discount to the value of the underlying portfolio. No current information on the trust's net asset value, discount or premium, dividend policy, portfolio size or performance is supplied in the reference material. The trust has received recognition in the investment-trust and fund-awards sector. It won the Global Emerging Markets category at the Moneywise Investment Trust Awards in both 2014 and 2015. In 2016, Money Observer highly commended it in the Best Emerging Market Trust category. The reference material also records a Morningstar rating in 2024 and recognition as an AIC Next Generation Dividend Hero in 2025. These acknowledgements indicate continuing visibility among specialist investment-company and income-investing audiences, but they do not by themselves establish investment performance or future returns. In December 2025, Utilico Emerging Markets became a constituent of the FTSE 250 Index, according to the cited reference material. This represents a notable development in its public-market profile and reflects its position as a sufficiently large London-listed company for inclusion in that index at that time. The trust remains an investment vehicle rather than a consumer-facing product brand: its principal offering is exposure to a professionally managed portfolio of emerging-market infrastructure, utility and related companies.

History

Utilico Emerging Markets was established in 2005 as a British investment trust serving investors seeking exposure to emerging-market infrastructure, utilities and related sectors. From its inception, its identity has been tied to a geographically broad but thematically focused mandate. The trust's stated regions include Asia, Latin America, Emerging Europe and Africa, while its sector emphasis distinguishes it from broader emerging-markets funds that invest across the full range of industries. The trust operates as a London-listed investment company. Its shares are traded on the London Stock Exchange under the ticker UEM, giving investors a publicly traded means of accessing a professionally managed portfolio. The available source material does not describe the trust's original launch structure, initial portfolio, capitalisation or early performance, so those details cannot be established here. Management is provided by ICM Limited, which is authorised and regulated by the UK's Financial Conduct Authority. The trust's governance is conducted through its board, and Mark Bridgeman is identified as chairman. No complete historical list of chairmen, directors, portfolio managers or other executives is provided in the supplied material. During the 2010s, Utilico Emerging Markets received recognition from specialist investment publications. It won the Global Emerging Markets category at the Moneywise Investment Trust Awards in 2014 and again in 2015. In 2016, it was highly commended by the Money Observer Trust Awards in the Best Emerging Market Trust category. These awards form part of the trust's public history and helped establish its profile among investors interested in emerging-market investment companies. The reference material records further recognition in the 2020s, including a Morningstar rating in 2024 and designation as an AIC Next Generation Dividend Hero in 2025. The supplied information does not specify the precise rating level, methodology or financial metrics underlying these recognitions. They should therefore be understood as external acknowledgements rather than as a substitute for independently verified performance data. In December 2025, the trust became a constituent of the FTSE 250 Index. This marked a significant stage in its status as a London-listed company and increased its representation within a widely followed UK equity index. The available material does not provide subsequent developments, changes in investment policy, changes in management or current portfolio information. Utilico Emerging Markets remains an active specialist investment trust whose public identity is based on emerging-markets infrastructure and utility exposure.

  • 2025

    AIC Next Generation Dividend Hero recognition

    [1]

    The trust was recognised as an AIC Next Generation Dividend Hero.

  • 2025

    FTSE 250 inclusion

    [1]

    In December 2025, Utilico Emerging Markets became a constituent of the FTSE 250 Index.

  • 2024

    Morningstar recognition

    [1]

    The reference material records a Morningstar rating for Utilico Emerging Markets.

  • 2016

    Money Observer commendation

    [1]

    The trust was highly commended in the Best Emerging Market Trust category at the Money Observer Trust Awards.

  • 2015

    Second Moneywise award

    [1]

    Utilico Emerging Markets won the Global Emerging Markets category at the Moneywise Investment Trust Awards for a second consecutive year.

  • 2014

    Moneywise award for Global Emerging Markets

    [1]

    The trust won the Global Emerging Markets category at the Moneywise Investment Trust Awards.

  • 2005

    Trust established

    [1]

    Utilico Emerging Markets was established as a British investment trust focused on infrastructure, utilities and related sectors in emerging markets.

Products and positioning

A specialist London-listed investment trust offering professionally managed exposure to infrastructure, utility and related businesses across emerging markets.

  • Listed investment trust · 2005

    Utilico Emerging Markets Trust plc shares

    The trust's principal investable offering is its ordinary share listing on the London Stock Exchange under the ticker UEM. The shares provide public-market exposure to a professionally managed portfolio concentrated on infrastructure, utility and related companies in emerging markets. As with other listed investment trusts, the market price can differ from the value of the underlying assets, although the supplied material does not provide current pricing, discount or premium information.

  • Investment mandate · 2005

    Emerging-markets infrastructure and utility portfolio

    Utilico Emerging Markets invests across infrastructure, utilities and related sectors in Asia, Latin America, Emerging Europe and Africa. The mandate is thematic and geographically diversified, targeting businesses associated with essential networks and services rather than a single national market. The available source does not provide a full list of holdings or the precise portfolio allocation.

Sources1 sources

Cite this profile: Cite the canonical profile. /brand-wiki/utilico-emerging-markets · Editorial policy · How profiles are compiled