Update research from QuotedData

RNS Number : 9585V

Ecofin Global Utilities Inf Tst PLC

12 April 2019

 

Ecofin Global Utilities and Infrastructure Trust - Update research from QuotedData

12^th April 2019

Unrecognised outperformance

Year-to-date, Ecofin Global Utilities and Infrastructure Trust (EGL)'s manager, Jean-Hugues de Lamaze, has avoided the fall-out from the bankruptcy of Californian utility Pacific Gas & Electric, and the trust's NAV performance has been strong (a total return of 10.9% to the end of March 2019), outperforming both the MSCI World Utilities and S&P Global Infrastructure Indices. Despite this, EGL has been trading at the wider end of its discount range (it reached a 12-month high of 17.4% on 21^st March 2019), which may have provided investors with chances to buy shares at attractive levels. Jean-Hugues feels that EGL's portfolio is well positioned to benefit from improving earnings quality and cash flow growth from its underlying holdings.

Full research:

https://quoteddata.com/research/ecofin-global-utilities-infrastructure-trust-unrecognised-outperformance/

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