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Last updated:
02:36 - 20/05/22

3i Group, the £11bn private equity giant that recently regained its title as UK’s biggest investment trust, yesterday risked losing that status after its shares plunged 11%, a decline one analyst views excessive.
UK stocks recoup this week’s losses after China boosts Asian markets overnight, while THG shares soar after takeover interest at the beleaguered e-commerce group.
The extreme selloff in growth and technology stocks has wiped out the outperformance fund managers Stephen Paice and Moritz Sitte achieved after taking on the trust in 2019, but they remain confident their companies will grow when panic subsides.

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