Shares in major Adani investor GQG plunge

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.
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.
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.
GQG Partners Sees 13% Stock Price Drop Following Analyst Downgrade Amid Adani Group Concerns
GQG Partners experiences a 13% drop in stock value post-analyst downgrade, highlighting risks in investing in conglomerates like Adani Group.
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 momentum.
GQG Partners' Steadfast Support Amid Adani Controversy
Boutique investment firm GQG Partners has expressed confidence in the Adani group despite recent bribery allegations against its promoters. GQG believes the charges target individuals and not the firms themselves,
GQG Plans Buyback After Stock Slumped on Adani Investments
Rajiv Jain’s GQG Partners Inc., one of the biggest investors in units of Adani Group, said it will buy back its own shares after they plunged on concern over the money manager’s exposure to the embattled Indian conglomerate.
GQG Partners' stock plunges over 20% on US bribe, fraud charges against India's Adani
GQG Partners , which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday after Gautam Adani, the conglomerate's chair, was indicted in the U.S. over charges of bribery and fraud.
GQG Partners Reaffirms Confidence in Adani Group Despite Bribery Allegations Against Promoters
GQG Partners reaffirms support for Adani group despite bribery allegations against its promoters, highlighting sound fundamentals of the companies.
Sandstone Insights: GQG share price drops amid Gautam Adani bribery charges
Explore the repercussions of bribery charges against Gautam Adani on GQG's stock, and potential impacts on investor confidence.
GQG Partners says Adani Group companies "well-positioned for the future"
Global investment company GQG Partners has maintained that it continues to believe each individual Adani Group company is well-positioned for the future and a
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GQG confident of Govt. backing for group, inaction by regulators
Florida-headquartered investment firm GQG Partners, that bought significant stakes in seven Adani group listed firms in the aftermath of the Hindenburg Research allegations against the group last year ...