John Laing Infrastructure on top

A strong bout of acquisitions helped John Laing Infrastructure Fund (JLIF) record strong growth in the six months ending September, results showed yesterday. The value of its portfolio rose £164.5m to £701.9m due to a spate of buys by the fund over the period, including boosting its stake in London transport’s radio communications network CityLink. JLIF also raised £277.3m last quarter.