3i Infrastructure (3IN) 342.5pGain to date: 8.7% When we recommended buying into private equity firm 3i Infrastructure (3IN) last summer at 315p we flagged the undervaluation of its portfolio, as shown by the sale of Dutch waste treatment and recycling firm Attero for more than 30% above its most recent valuation and 2.7 times the purchase price.We stuck with our call even when the shares dipped t

Annual return of 23%Action the main driverShares up over 50%The UK?s largest private equity trust, 3i Group (III), delivered another outstanding return for investors in the year to the end of March despite adverse foreign exchange movements which trimmed NAV (net asset value) growth.However, with the stock price having risen more than 50% over the past 12 months there was an element of profit-taki

THIS IS AN ADVERTISING FEATURE Advancements in artificial intelligence (AI) and robotics could revolutionize the industrial sector, leading to a significant increase in the use of automation. Automation is expected to transform production lines, likely elevating human workers to manage robots, boosting overall productivity and output. Capital investments spurred by government policies and corpor

3i Infrastructure (3IN) 305pLoss to date: 3.2%We recommended buying investment trust 3i Infrastructure (3IN) on the strength of its portfolio, which is made up of companies providing 'must-have' services not just 'nice-to-haves', and its ability to add value to those businesses and monetise the investments when the opportunity arises.WHAT HAS HAPPENED SINCE WE SAID TO BUY?The company has exceeded

It has not been an easy decade to be a fund manager. Brexit, a global pandemic, the largest war in Europe for a generation and an inflation crisis have punctuated a 10-year period which has seen significant market volatility. However, steering investors' money through difficult waters is how a good fund manager earns their corn.Using FE Analytics' platform, Shares has crunched the numbers to ident

News that 3i Infrastructure (3IN) is selling its 25% stake in Attero at a significant premium to its valuation just four months ago confirms for us the market is undervaluing the shares.The investment trust, which comes from the same stable as 3i Group (III), a core shareholder and one of the best performers on the FTSE 100 over the past decade, has found life harder on the stock market since inte

UK investors will be well aware of the lopsided performance of the US stock market in recent months, with a handful of stocks accounting for almost the entire index gains so far this year.However, a similar phenomenon is occurring right under our noses with most of the gains in the FTSE 100 and FTSE 250 down to the outperformance of some of their larger stocks.This concentration on a select few te

- Dutch retailer provides bulk of the valuation uplift- Market reaction suggests shares fairly priced- Listed infrastructure business a small dragThe UK's largest listed private equity firm, £17 billion market-cap 3i Group (III), posted an impressive return for the year to March thanks to a standout performance from its largest investment.However, after a 30% rally year-to-date, the shares look f

This year has brought some tentative optimism from investors linked to easing inflation and Chinese reopening. Corporate confidence is gradually recovering after the invasion of Ukraine brought fundraisings to a halt, with businesses beginning to tap the market for growth capital again.In this article, we outline why the year ahead should see a rebound in equity fundraisings and explain how retail

- Share price back above 2002 levels- Biggest contributor is retailer Action- Buy-and-build approach pays dividendsFTSE 100 private equity manager 3i Group (III) demonstrated once again its ability to add value for shareholders whatever the economic weather with an increase in NAV (net asset value) of more than a quarter in just the last nine months.The shares jumped over 5% to £15.36, taking the

Job Curtis, fund manager for City of London Investment Trust (CTY), has engineered a remarkable turnaround in performance over the past year. This has negated concerns Shares highlighted last October regarding a period of underperformance versus the UK equity income investment trust sector average on a three andfive-year basis.On 19 September when the eyes of the nation were focused on the funeral

It is one thing for analysts to forecast which stocks and sectors will do well in a rising-rate or inflationary environment, but when it actually comes to pass it's always fascinating to see what works in practice.Judging by the list of stocks making 12-month highs over the past week, those who favoured real assets were on the money.Standing tall are 3i Infrastructure (3IN), AEW UK REIT (AEWU), GC

Global stock markets started the new month in positive spirits following a strong performance on the US Nasdaq technology index which closed up over 3%, capping its biggest two-day gain since 2020.Sterling gained against the dollar to sit at $1.35 once again, while Brent crude traded sideways at $89.16 per barrel as OPEC and its allies were expected to approve a modest increase in production this

Global stock markets kicked-off the new month in buoyant mood with Germany's DAX index gaining 1.5%, following a strong performance on the US Nasdaq index which closed up over 3%, capping its biggest two-day gain since 2020. Alphabet is expected to release its earnings after the close.Chinese markets are closed for new year while Japan's Nikkei 225 gained 0.3%.Brent crude nudged up 0.2% to $89.3 a

UK stocks had one of their worst days since May on Thursday as investors began to fret again over the global economic recovery amid a resurgence in Covid cases.US markets were down but off their lows, while earlier in the day trading in Asia was weak following news that China's central bank was ready to inject extra liquidity to support the economy.The SE Composite index dropped 0.9% and the Hang

UK stocks had their worst day since May on Thursday as investors began to fret again over the global economic recovery. US futures pointed lower and overnight trading in Asia was weak after the Chinese central bank indicated its economy needed extra liquidity support.The SE Composite index dropped 0.9% and the Hang Seng fell nearly 3%, while similar losses were seen in Japan with the Nikkei 225 al

UK stocks opened weaker on Thursday following weaker trading in Asia after the Chinese central bank indicated its economy needed extra liquidity support.The SE Composite index dropped 0.9% and the Hang Seng fell nearly 3%, while similar losses were seen in Japan with the Nikkei 225 also losing almost 1%.In Europe the European Central Bank agreed a new inflation target of 2% and said it would allow

The FTSE 100 tumbled throughout trading on Wednesday, closing 1.3% lower to 6,567.37, as investor sentiment was hit by a perfect storm of Covid-19 vaccine troubles, anxiety over the US Federal Reserve's latest monetary policy update and a warning from the International Monetary Fund (IMF).A row over vaccine supplies from pharmaceutical giant AstraZeneca (AZN) into the EU continued on Wednesday as

UK stocks tumbled throughout morning trading on Wednesday as investors braced for the US Federal Reserve's latest update on monetary policy, due later in the day.The Fed is expected to leave policy unchanged and stick to its ultra-loose stance with near zero interest rates, $120 billion of bond purchases every month and other liquidity relief measures to help the ailing US economy, which is the wo

UK stocks dipped modestly in early trading on Wednesday after the International Monetary Fund (IMF) raised its global growth recovery forecast but flagged Britain's severe pandemic impact as likely to drag on its own economic bounce-back.The IMF now expects the global economy to grow 5.5% this year, a 0.3% increase from October's forecast, but cut its UK estimates from 5.9% to 4.5% as virus cases