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 March 2025

Rank Company Country Megatrend Sector Gross Assets
1 International Container Terminal Services Inc The Philippines
Global Trade
Port operator and provider of shipping services
4.9%
2 Cia de Saneamento Basico do Estado de Sao Paulo (Sabesp) Brazil
Social Infra
Water and waste treatment
4.7%
3 FPT Corporation Vietnam
Digital Infra
Data services
4.7%
4 Orizon Valorizacao de Residuos S.A. Brazil
Social Infra
Waste treatment
4.0%
5 Manila Water Company The Philippines
Social Infra
Water
3.8%
6 IndiGrid Infrastructure Trust India
Energy Growth and Transition
Electricity transmission
3.7%
7 Alupar Investimento S.A. Brazil
Energy Growth and Transition
Electricity generation and transmission
3.6%
8 InPost S.A. Poland
Digital Infra
Logistics operator
2.8%
9 KunLun Energy Company China
Energy Growth and Transition
Gas transmission
2.7%
10 SUNeVision Holdings Hong Kong
Digital Infra
Data services
2.7%
11 Aguas Andinas S.A. Chile
Social Infra
Water and waste treatment
2.5%
12 VinaCapital Vietnam Opportunity Fund Vietnam
Social Infra
Investment fund
2.5%
13 Centrais Eletricas Brasileiras S.A. (Eletrobras) Brazil
Energy Growth and Transition
Electricity generation and transmission
2.4%
14 Umeme Uganda
Social Infra
Electricity distribution
2.4%
15 Korean Internet Neutral Exchange (KINX) South Korea
Digital Infra
Data services
2.4%
16 Serena Energia S.A. Brazil
Energy Growth and Transition
Renewable energy
2.4%
17 Ocean Wilsons Holdings Brazil
Global Trade
Ports and logistics
2.2%
18 TAV Havalimanlari Holding Turkey
Social Infra
Airport operator
2.2%
19 Sonatel Senegal
Digital Infra
Telecommunications operator
1.9%
20 Holding Bursatil Regional Colombia
Digital Infra
Stock Exchange
1.6%
21 Piraeus Port Authority S.A. Greece
Global Trade
Ports and logistics
1.6%
22 Corporacion Financiera Colombiana S.A. (Corficolombiana) Colombia
Social Infra
Infrastructure company
1.6%
23 Telelink Business Services Group Bulgaria
Digital Infra
Technology
1.5%
24 Interconexion Electrica S.A. E.S.P. Colombia
Energy Growth and Transition
Electricity generation and transmission
1.4%
25 Anhui Expressway Company Limited China
Social Infra
Logistics operator
1.4%
26 Athens International Airport S.A. Greece
Social Infra
Airport operator
1.3%
27 Rumo S.A. Brazil
Global Trade
Rail-based logistics operator
1.2%
28 The Egyptian Satellite Company (Nilesat) Egypt
Digital Infra
Telecommunications operator
1.2%
29 VietNam Holding Limited Vietnam
Social Infra
Investment fund
1.2%
30 Shanghai International Airport China
Social Infra
Airport operator
1.2%

Case Studies

social-colour.svg Social Infra

Orizon Valorizacao de Residuos S.A.

energy-colour.svg Energy Growth and Transition

Alupar Investimento S.A.

digital-colour.svg Digital Infra

FPT Corporation

trade-colour.svg Global Trade

International Container Terminal Services, Inc.