HSBC Infrastructure, the first European infrastructure fund to be listed on the London Stock Exchange, climbed in value by 8.8% in its first six months as it continued to develop its investment projects and began generating income.

The fund's net asset value rose from 98.4p per share at its listing in March this year to 101.7p per share as of September 30, and it reported £6.3m (€9.3m) in profit.