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GQG, UBS and Adani
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.
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.
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.
3d
UBS capital requirements should be proportionate, minister says
Capital requirements set for UBS under new banking regulations should be "proportionate", as Switzerland attempts to strike a ...
The Telegraph
1d
Adani scandal fallout: Rajiv Jain’s GQG Partners faces client exodus over huge investment bet
UBS
estimated there had been a further large outflow of client funds totalling hundreds of millions of dollars from the ...
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