Hastings Diversified Utilities Fund operates in the Investment offices sector. Hastings Diversified Utilities Fund (HDF) invests in a range of utility infrastructure assets within Australia and overseas. The Company operates in three business segments, including gas pipeline operator, Water utility operator, and Other. The gas pipeline operator segment includes the ownership, management, construction, operation and maintenance of gas transmission pipelines in Australia, through the ownership of Epic Energy Holdings Ltd and its controlled entities. For the year ended December 31, 2010, the Company held 50% interest in HDF (UK) Holdings Limited (South East Water), a water utility operator in the United Kingdom. Other segment includes the Company's financing activities. The Company holds Australian unlisted securities that derive their income from securities issued by operating entities located in the United Kingdom. In
our complete report available for purchase the company is compared to: Ethane Pipeline Income Fund, CGA Mining Limited and Norton Gold Fields Ltd.