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Shares in major Adani investor GQG plunge
Adani investor GQG's shares plunge over 15% after UBS downgrades stock, cuts target price
UBS also cut its target price on the firm from AU$3.30 to AU$2.30, and this marks the Swiss bank's first ever downgrade of the stock since its listing.
Shares in major Adani investor GQG plunge after analyst note on outflows
By Scott Murdoch SYDNEY (Reuters) -Shares of Australian-listed GQG Partners tumbled 13% on Monday after UBS downgraded the stock and said the firm may have lost A$600 million ($390 million) in funds under management in the two days following the indictment of Adani Group executives.
Investors pull $1.5b from GQG amid Adani allegations
The Adani bribery charges have sparked a “snap change” in client flows for the fund manager and research analysts are cutting their price targets.
The Telegraph
20h
Adani scandal fallout: Rajiv Jain’s GQG Partners faces client exodus over huge investment bet
The fallout from the US Department of Justice bribery charges against the Adani Group and its chairman, Gautam Adani, has ...
capitalbrief
2d
GQG shares tank on UBS downgrade
Shares in GQG Partners dived on the ASX after UBS downgraded its rating on the fund manager due to a slowdown in flow ...
Morningstar
7mon
GQG Partners Emerging Markets EquityInst
Last week’s settlement between the SEC and
GQG
Partners concerning nondisclosure agreements that the agency found to be in violation of its rules does not change our opinion of the firm or its ...
ET Now on MSN
5d
After GQG, Abu Dhabi's IHC reaffirms support to Gautam Adani-led companies
The IHC's statement came days after boutique investment firm GQG Partners reiterated its confidence in Gautam Adani's ...
6d
Jarden Sticks to Its Buy Rating for GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh (GQG)
In a report released yesterday, Elizabeth Miliatis from Jarden maintained a Buy rating on GQG Partners, Inc. Shs Chess Depository Interests ...
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Adani
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