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LONDON - Ecofin Global Utilities and Infrastructure Trust (EGL) delivered a 7.1% net asset value total return for the six months ending May 31, outperforming major utilities and infrastructure indices, according to a company press release.
The trust’s share price total return was even stronger at 12.3% during the period, benefiting from a narrowing discount to NAV. This performance came despite broader market volatility in early 2025.
Fund manager Jean-Hugues de Lamaze has positioned the portfolio with tactical focus on networks, environmental services and transportation infrastructure as diversifiers. The strategy recently included adding two airport operators to the portfolio.
The trust’s performance exceeded relevant utilities and infrastructure benchmarks and UK equities, though it slightly trailed the MSCI World Index during the same period.
"The growth in demand for energy" remains one of the key underlying drivers for the trust’s investment approach, according to the statement.
Ecofin Global Utilities and Infrastructure Trust invests in utility and infrastructure companies globally. The trust trades on the London Stock Exchange (LON:LSEG).
The information in this article is based on a press release statement from the company.
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