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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.
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.
Major Adani Investor GQG Shares Fall 13% After Analyst Downgrade
SYDNEY (Reuters) - Shares of Australian-listed GQG Partners fell 13% on Monday after UBS analysts downgraded the stock and estimated the firm could have lost A$600 million ($390 million) in funds under management following the Adani Group indictment.
1d
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 ...
14d
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 ...
capitalbrief
2d
GQG shares gain as Morgans downplays impact of Adani exposure
Shares in GQG Partners climbed on the ASX after Morgans upgraded its rating on the fund manager from 'hold' to 'add' and ...
10d
GQG Partners Refuses to Sell Adani Stocks Despite Bribery Scandal and 26% Loss
GQG Partners faces a 26% loss in Adani stocks amid bribery allegations, prompting a potential portfolio review while refusing ...
ig.com
8d
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 ...
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