We have established UIL as a broader based investor, and have sponsored the creation of several investment platforms which have allowed UIL to benefit from a sharper focus and in-depth knowledge of segments of the market.
Utilico Emerging Markets Trust plc was the first UIL sponsored platform. UIL has supported the formation of Somers Limited (financial services) and Zeta Resources Limited (commodities). In addition, UIL has established a strong track record of investing in the FinTech space, creating the Allectus Technology platform to capitalise on this position. These platforms continue to make pleasing progress.
Top 10 Holdings as at 31 March 2024
Click on the company name to visit their website.
| No | Company | Country of domicile | Sector | Gross assets | |
|---|---|---|---|---|---|
| 1 | Somers Limited | Bermuda |
Financial services |
44.8% | |
|
A financial services investment platform, which primarily invests in the banking, wealth management, fintech and asset financing sectors. |
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| 2 | Zeta Resources Limited | Bermuda |
Resources |
16.0% | |
|
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. |
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| 3 | Utilico Emerging Markets Trust plc | United Kingdom |
Investment Fund |
7.7% | |
|
A UK closed-end investment trust dedicated to investments in infrastructure, utility and related sectors in the emerging markets. |
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| 4 | Resimac Group Limited | Australia |
Financial services |
7.3% | |
|
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. |
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| 5 | Allectus Capital Limited | Bermuda |
Technology fund |
6.4% | |
|
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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| 6 | Allectus Quantum Holdings Limited | United Kingdom |
Technology fund |
5.5% | |
|
An investment holding company focused on quantum technology with its sole investment in Diraq Pty Ltd, a next generation quantum computing company. |
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| 7 | West Hamilton Holdings Limited | Bermuda |
Investment Fund |
2.5% | |
|
A Bermuda listed property holding and management company whose assets include a commercial property, the Belvedere Building, a 308-space car parking facility, and a mixed use apartment building. |
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| 8 | The Market Limited | Australia |
Financial services |
2.3% | |
|
A high growth, data-led, Australian listed diversified retail, real estate, vehicles, insurance and capital markets platform, with assets spanning across Australia and North America. |
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| 9 | Carebook Technologies Inc | Canada |
Technology |
1.6% | |
|
Creates highly engaging, customer-centric digital products for employers, pharmacies, insurance providers, businesses, and more. |
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| 10 | Orbital Corporation | Australia |
Technology |
1.1% | |
|
Manufacturer of propulsion systems for unmanned aerial vehicles.
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