Argo Global Listed Infrastructure Ltd. (AU:ALI) has released an update.
Argo Global Listed Infrastructure Ltd reported a slight decrease in net tangible asset (NTA) per share in April, but their global infrastructure stocks managed to outperform broader market declines, with particular strength in utilities benefiting from growing power demands. Despite a minor underperformance against the benchmark index, the company’s share price saw a rise, reflecting investor confidence amid a challenging economic backdrop. Argo Infrastructure emphasized their diverse portfolio’s resilience and less volatile nature compared to broader equities, alongside a history of providing access to global infrastructure opportunities.
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