The awards reward excellence in closed-ended fund management. Investment companies with a three-year track record to 30 June 2022 are considered. Within each sector, companies have their cumulative fair NAV returns calculated over three discrete periods (over the past three years) in sterling terms, following which the judging panel reviews the shortlist to determine the winner.
The awards recognise exceptional shareholder communication by AIC member investment companies and their managers. The judges said 3i Infrastructure’s use of design and colour created a report and accounts which was visually appealing and engaging. They also noted the quality of the manager’s report, sections such as ‘how we create value’ and the discussion of megatrends affecting the portfolio.
Citywire’s annual Investment Trust Awards celebrate the range of investment expertise within the UK investment company sector and applaud those closed-end funds achieving the best performance within their categories. The investment companies are ranked by their net asset value (NAV) return over three years to 31 August.
Infinis Energy was included in the 2020 Sunday Times PwC Top Track 250 league table, which ranks Britain’s leading mid-market private companies with the biggest sales.
These awards recognise exceptional shareholder communication by AIC member investment companies and their managers. The judges praised 3i Infrastructure plc for the quality of its case studies and investment report, its use of language that was easy to understand, and the level of detail provided on the portfolio.
3i Infrastructure plc won the Infrastructure category for the second consecutive year. The Money Observer Investment Trust Awards recognise and reward consistent, high achievement in investment trust management and are a key performance indicator for retail investors.