Image source: Getty Images Over the last decade, shares in private equity firm 3i Group (LSE:III) have left the rest of the FTSE 100 in the dust. The stock is up a huge 773%. That kind of performance over an extended period of time is indicative of an unusually good business. And I think the company remains in a strong position going forward. What is 3i Group? The big difference between 3i and other private equity firms is that it doesn’t raise external funds from investors. Since 2015, the company has exclusively invested its own capital. That might not seem…
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In the past decade, private investments exploded from $4 trillion to $14 trillion. Primarily led by institutional capital, investors poured money into private markets in their search for differentiated returns and alpha generation. This makes sense as alternative investments have consistently outperformed global public markets on 10-, 15-, and 20-year time horizons.Now, the investor base is expanding to individuals. Bain estimates that assets under management in alternatives from individuals has risen to around $4 trillion and projects potential growth to $12 trillion in the next decade, a rapid expansion. Adding alternatives to portfolios requires careful consideration and we believe most…
Kratos Defense (NASDAQ:) & Security Solutions, Inc. (KTOS) stock has reached a new 52-week high, touching $25.93 amidst a robust period of growth for the defense contractor. This milestone reflects a significant surge in the company’s market performance, with the stock experiencing an impressive 50.06% increase over the past year. Investors have shown increased confidence in Kratos, as the company continues to secure contracts and expand its footprint in the defense sector, capitalizing on heightened demand for its national security solutions and innovative technology systems. The 52-week high serves as a testament to the company’s strategic initiatives and the bullish…
(Reuters) – Tesla’s (TSLA) market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a favorable treatment for CEO Elon Musk’s companies in return for his support for President-elect Donald Trump in his poll campaign. The electric automaker’s shares rose more than 6% to a more than two-year high of $315.56, after having gained 19.3% up to Thursday’s close. The company crossed the $1 trillion valuation for the first time in more than two years. The billionaire could push for favorable regulation of autonomous vehicles that Tesla plans and also get the U.S. National…
I don’t have any fondness for modern cars. Given a choice, I would much rather drive a hefty, inefficient steel giant from the 1970s than one of today’s uniform-looking, plastic-clad “computers.” After three and a half decades on the road, I’ve owned a half-dozen Jeeps from the 1970s and 1980s, including several CJ5 and CJ7 models, along with two International Scouts, a 1964 Plymouth Valiant, and a pair of E36-series BMW 3-series convertibles. Maintaining these classic cars has been a steady expense, with ongoing costs for repairs, restoration, and fuel. Fortunately, insuring classic cars can be surprisingly affordable, though there…
A Barbie-themed sports car is set to be showcased at the Classic Car Show in Birmingham. This unique 1967 Aston Martin DB6 was meticulously repaired and given a vibrant pink finish in a workshop in Berwick, East Sussex, after it sustained damage in a rally in Mexico two years ago. The car had overturned during the La Carrera Panamericana event, leaving it heavily damaged and “unrecognisable.” David Pearce-Martin and his team dedicated several months to restoring the vehicle, working to bring it “to its former glory.” He noted that when his client was considering colors for the car, he “jokingly…
Image source: Getty Images One of the great things about being a UK investor is that a lot of our listed companies return huge amounts of cash to their shareholders every year. With this in mind, here are two high-yield FTSE 100 stocks I’d consider buying for passive income today (if I had the cash). For a bonus, I’ve also highlighted one I’d avoid like the plague. Monster dividend yield Legal & General (LSE: LGEN) shares boast a knockout forecast dividend yield of nearly 10%. This easily makes it one of the biggest payers around. Such a high figure usually…
Rome has recently implemented new limited traffic zone (ZTL) regulations within its green belt to restrict the movement of higher-emission vehicles, aiming to reduce air pollution in the city. These regulations, which will remain in effect until 31 October 2025, limit access for older vehicles, including gasoline-powered cars up to Euro 2 standards and diesel-powered cars up to Euro 3, as well as gasoline and diesel motorbikes up to Euro 1. However, thanks to recent court rulings following an appeal from the Automotoclub Storico Italiano (ASI), vintage and classic cars are exempt from these restrictions. Rome Classic Vintage Car The…
In a remarkable turnaround, Hyliion Holdings Corp. (HYLN) stock has soared to a 52-week high, reaching $2.73. This peak comes amidst a broader market rally that has seen many stocks rebound from previous lows. The surge in Hyliion’s stock price is particularly noteworthy given the company’s association with Tortoise Acquisition Corp (NYSE:)., which has experienced a staggering 402.77% change over the past year. Investors are closely monitoring Hyliion’s performance as it continues to navigate the competitive electric vehicle sector, with many attributing the stock’s impressive ascent to strategic business moves and growing investor confidence in the green energy market. In…
Even those with a passing interest in cars and car culture are familiar with the name Carroll Shelby. It’s synonymous with high performance and collectibility, and it would be difficult to find an American who couldn’t recognize a Shelby Cobra in a lineup. Nearly everything Shelby has touched carries an aura of exclusivity that catches the eye of car enthusiasts worldwide. However, not all of his creations are genuinely collectible. Shelby continues to produce a range of vehicles, mostly based on current Ford models like the Mustang and F-Series trucks, though it remains to be seen if these will become…