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 30 April 2025

Rank Company Country Megatrend Sector Gross Assets
1 Cia de Saneamento Basico do Estado de Sao Paulo (Sabesp) Brazil
Social Infra
Water and waste treatment
5.1%
2 Orizon Valorizacao de Residuos S.A. Brazil
Social Infra
Waste treatment
4.6%
3 International Container Terminal Services Inc The Philippines
Global Trade
Port operator and provider of shipping services
4.6%
4 Manila Water Company The Philippines
Social Infra
Water
4.0%
5 FPT Corporation Vietnam
Digital Infra
Data services
4.0%
6 Alupar Investimento S.A. Brazil
Energy Growth and Transition
Electricity generation and transmission
3.9%
7 IndiGrid Infrastructure Trust India
Energy Growth and Transition
Electricity transmission
3.7%
8 InPost S.A. Poland
Digital Infra
Logistics operator
3.2%
9 Serena Energia S.A. Brazil
Energy Growth and Transition
Renewable energy
2.9%
10 Centrais Eletricas Brasileiras S.A. (Eletrobras) Brazil
Energy Growth and Transition
Electricity generation and transmission
2.6%
11 KunLun Energy Company China
Energy Growth and Transition
Gas transmission
2.5%
12 Korean Internet Neutral Exchange (KINX) South Korea
Digital Infra
Data services
2.5%
13 Aguas Andinas S.A. Chile
Social Infra
Water and waste treatment
2.5%
14 VinaCapital Vietnam Opportunity Fund Vietnam
Social Infra
Investment fund
2.3%
15 Umeme Uganda
Social Infra
Electricity distribution
2.3%
16 SUNeVision Holdings Hong Kong
Digital Infra
Data services
2.1%
17 Ocean Wilsons Holdings Brazil
Global Trade
Ports and logistics
2.1%
18 Sonatel Senegal
Digital Infra
Telecommunications operator
2.0%
19 Piraeus Port Authority S.A. Greece
Global Trade
Ports and logistics
1.8%
20 Holding Bursatil Regional Colombia
Digital Infra
Stock Exchange
1.6%
21 TAV Havalimanlari Holding Turkey
Social Infra
Airport operator
1.5%
22 Interconexion Electrica S.A. E.S.P. Colombia
Energy Growth and Transition
Electricity generation and transmission
1.5%
23 Corporacion Financiera Colombiana S.A. (Corficolombiana) Colombia
Social Infra
Infrastructure company
1.5%
24 Anhui Expressway Company Limited China
Social Infra
Logistics operator
1.4%
25 Rumo S.A. Brazil
Global Trade
Rail-based logistics operator
1.4%
26 Telelink Business Services Group Bulgaria
Digital Infra
Technology
1.4%
27 Athens International Airport S.A. Greece
Social Infra
Airport operator
1.3%
28 NHPC Limited India
Energy Growth and Transition
Renewable energy
1.2%
29 CTP N.V. Central and Eastern Europe
Global Trade
1.1%
30 Helios Towers plc Africa
Digital Infra
Telecommunications operator
1.1%

Case Studies

social-colour.svg Social Infrastruture

Orizon Valorizacao de Residuos S.A.

energy-colour.svg Energy Growth and Transition

Alupar Investimento S.A.

digital-colour.svg Digital Infrastructure

FPT Corporation

trade-colour.svg Global Trade

International Container Terminal Services, Inc.