RCS - EcofinGlobal U&I Tst - Annual Overview from QuotedData
23/01/2024 15:50
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240123:nRSW6607Aa&default-theme=true RNS Number : 6607A Ecofin Global Utilities Inf Tst PLC 23 January 2024 Ecofin Global Utilities and Infrastructure Trust - Annual Overview from QuotedData 23(rd) January 2024 Strong outlook as macro gloom lifts Over the past 12 months, Ecofin Global Utilities and Infrastructure (EGL), along with the broader utilities and infrastructure sector, has been at the mercy of broader macro-economic conditions. However, its recent performance in no way diminishes the long-term opportunity that exists for the fund, which should become more apparent as interest rates retreat from their highs. The company maintains exposure to a suite of investments that stand to benefit from an ever-growing list of tailwinds as global decarbonisation and electrification trends gather momentum. Earnings growth within the portfolio has remained strong, while indiscriminate selling has driven valuations of some stocks down to historically low levels, providing an incredibly attractive opportunity for long-term investors. Full Research: https://quoteddata.com/research/ecofin-global-utilities-infrastructure-trust-strong-outlook-macro-gloom-lifts-qd/ (https://quoteddata.com/research/ecofin-global-utilities-infrastructure-trust-strong-outlook-macro-gloom-lifts-qd/) This research is also available free on our website www.quoteddata.com (http://www.quoteddata.com) where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required. NB: Marten & Co was paid to produce this note on Ecofin Global Utilities and Infrastructure Trust Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority. QUOTEDDATA 50 Gresham Street | London EC2V 7AY Tel: +44 (0) 20 3691 9430 www.quoteddata.com (http://www.quoteddata.com) | research@quoteddata.com (mailto:research@quoteddata.com) | www.martenandco.com (http://www.martenandco.com) This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com (mailto:rns@lseg.com) or visit www.rns.com (http://www.rns.com/) . RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy) . END NRAUOSVRSBUAUAR