Oct 03rd 2013 - Edison Investment Research today published a report on Utilico Emerging Markets Closed Fund (UEM.L, LSE:UEM, LON:UEM) entitled "Infrastructure And Utilities In Growth Markets". In summary, the report says:
Utilico Emerging Markets (UEM) is a closed end investment company investing in utilities, infrastructure and related companies in emerging markets. Unusually among funds investing in this area, it offers a yield of over 3%, reflecting investment in cash-generative businesses. Following a period of weakness for emerging markets earlier this year, investors may wish to consider using UEM to gain exposure to companies that are integral to the development of these long-term growth markets.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »