Identifying and investing in compelling long-term investments

Our investment objective is to maximise shareholder returns by identifying and investing in compelling long-term investments worldwide, where the underlying value is not fully recognised.

UIL Limited is an exempted closed-end Bermuda incorporated investment company, established as a successor to Utilico Investment Trust plc.

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Somers Limited

A financial services investment platform, which primarily invests in the banking, wealth management, fintech and asset financing sectors.

Zeta Resources Limited

A resources-focused investment platform, which invests in a range of resource entities, including those focused on bauxite, gold, copper, nickel, graphite, oil & gas and base metals exploration and production.

Utilico Emerging Markets Trust plc

A UK closed-end investment trust dedicated to investments in infrastructure, utility and related sectors in the emerging markets.

Resimac Group Limited

A leading alternative lender for residential mortgages and asset finance in Australia and New Zealand, with a broad suite of competitive, award-winning products that cater to diverse customer types and needs.

Allectus Quantum Holdings Limited

An investment holding company focused on quantum technology with its sole investment in Diraq Pty Ltd, a next generation quantum computing company. 

Allectus Capital Limited

A technology investment platform with a value-focused portfolio of listed and unlisted technology companies. Allectus is owned by UIL Limited and QICM Technology Investments Limited, and managed by ICM Limited.

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Our People


Investment Team

Charles Jillings
Director, ICM Limited and Chief Executive, ICM Investment Management Limited
Duncan Saville
Director and Chairman, ICM Limited
Alasdair Younie
Director, ICM Limited
Gavin Blessing
General Manager, ICM Capital Research
Jacqueline Broers
Deputy Portfolio Manager, UEM
Jason Cheong
Portfolio Manager, Allectus Capital
Matthew Gould
Portfolio Manager
Tristan Kingcott
General Manager, ICM Canada
Mark Lebbell
Senior Analyst
Alastair Moreton
Company Secretary
Dugald Morrison
General Manager, ICM Australia and NZ
Sandra Pope
Director, ICM Investment Management

The Board

Stuart Bridges
Alison Hill, FCMA, CGMA
David Shillson, LLM
Peter Durhager