UEM is focused on investing predominantly in listed infrastructure and utilities in the emerging markets. UEM’s benchmark agnostic, bottom up investment approach enables UEM to deliver a unique and diversified investment opportunity providing attractive long term investment returns. 

Top 30 Holdings

as at 31 May 2025

Rank Company Country Megatrend Sector Gross Assets
1 Orizon Valorizacao de Residuos S.A. Brazil
Social Infra
Waste treatment
5.5%
2 Cia de Saneamento Basico do Estado de Sao Paulo (Sabesp) Brazil
Social Infra
Water and waste treatment
5.0%
3 International Container Terminal Services Inc The Philippines
Global Trade
Port operator and provider of shipping services
4.9%
4 FPT Corporation Vietnam
Digital Infra
Data services
4.0%
5 Manila Water Company The Philippines
Social Infra
Water
3.7%
6 Alupar Investimento S.A. Brazil
Energy Growth and Transition
Electricity generation and transmission
3.6%
7 IndiGrid Infrastructure Trust India
Energy Growth and Transition
Electricity transmission
3.5%
8 InPost S.A. Poland
Digital Infra
Logistics operator
3.0%
9 KunLun Energy Company China
Energy Growth and Transition
Gas transmission
2.6%
10 Korean Internet Neutral Exchange (KINX) South Korea
Digital Infra
Data services
2.4%
11 VinaCapital Vietnam Opportunity Fund Vietnam
Social Infra
Investment fund
2.4%
12 Centrais Eletricas Brasileiras S.A. (Eletrobras) Brazil
Energy Growth and Transition
Electricity generation and transmission
2.4%
13 Aguas Andinas S.A. Chile
Social Infra
Water and waste treatment
2.3%
14 Serena Energia S.A. Brazil
Energy Growth and Transition
Renewable energy
2.3%
15 Umeme Uganda
Social Infra
Electricity distribution
2.2%
16 SUNeVision Holdings Hong Kong
Digital Infra
Data services
2.1%
17 Ocean Wilsons Holdings Brazil
Global Trade
Port operator
2.1%
18 Piraeus Port Authority S.A. Greece
Global Trade
Port operator
2.0%
19 Sonatel Senegal
Digital Infra
Telecommunications operator
1.9%
20 Holding Bursatil Regional Colombia
Digital Infra
Stock Exchange
1.9%
21 NHPC Limited India
Energy Growth and Transition
Renewable energy
1.7%
22 Corporacion Financiera Colombiana S.A. (Corficolombiana) Colombia
Social Infra
Infrastructure company
1.6%
23 Grupo Aeroportuario del Sureste (ASUR) Mexico
Social Infra
Airport operator
1.5%
24 Anhui Expressway Company Limited China
Social Infra
Logistics operator
1.4%
25 Athens International Airport S.A. Greece
Social Infra
Airport operator
1.4%
26 Telelink Business Services Group Bulgaria
Digital Infra
Technology
1.4%
27 Interconexion Electrica S.A. E.S.P. Colombia
Energy Growth and Transition
Electricity generation and transmission
1.4%
28 Helios Towers plc Africa
Digital Infra
Telecommunications operator
1.2%
29 Grupo Traxion S.A.B. de C.V. Mexico
Global Trade
Logistics and transportation
1.1%
30 CTP N.V. Central and Eastern Europe
Global Trade
1.1%

Case Studies

social-colour.svg Social Infrastruture

Orizon Valorizacao de Residuos S.A.

energy-colour.svg Energy Growth and Transition

IndiGrid Infrastructure Trust

digital-colour.svg Digital Infrastructure

SUNeVision

trade-colour.svg Global Trade

International Container Terminal Services, Inc.