Roger Urwin

Provides electricity and gas distribution & transmission services

Provides electricity, natural gas transmission and distribution services

Engages in the structures and logistics, utilities and ports & transportation logistics business

Provides natural gas and electricity transmission & distribution services

Functions as a closed-end investment fund or Investment trust

UIT is a value-oriented manager which invests predominantly in existing infrastructure and related sectors. The firm focuses primarily on the developed markets of the UK, Europe, North America and Australasia, but has the flexibility to invest in markets worldwide. They may hedge into sterling or foreign currency exposures of the investment portfolio, particularly where future foreign currency receipts are expected and may also hedge general foreign currency exposures on a longer-term basis. The firm seeks undervalued investments, aiming to identify situations where underlying value is not reflected in the market price either as a result of changes in regulation, technology, market motivation, financial engineering, competition or shareholder apathy. UIT looks to minimize risk by investing predominantly in companies and sectors displaying the characteristics of natural monopolies such as utilities, transportation infrastructure or companies with a unique product or market position. The firm prefers to invest in companies with strong management which have the potential to grow their business and an appreciation of an ability to manage risk. The firm believes it is appropriate to support investee companies with their capital requirements, at the same time maintaining an active and constructive shareholder approach and encouraging the optimization of capital structures and business efficiencies. The investment team maintains regular contact with investee companies and UIT is often among their investee companies' largest institutional shareholders. The firm aims to maximize value for shareholders by holding a relatively concentrated portfolio of securities and invests through instruments appropriate to the particular situation, including equity and non-investment grade bonds, debt securities and derivative instruments. UIU holds investments in unlisted securities when the attractiveness of the investment justifies the risk and lower liquidity associated with them.

Provides construction and civil engineering services

Operates as electrical contractors

Functions as a College/University