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Shares in major Adani investor GQG plunge
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.
Adani investor GQG's shares plunge over 15% after UBS downgrades stock, cuts target price
UBS
cut its target price on
GQG
— the fourth largest investor in Adani Enterprises — to Australian dollars $2.30 from AU$3.30 This is the Swiss firm's first ever downgrade of the stock since ...
Shares in major Adani investor GQG plunge after analyst note on outflows
UBS
downgraded
GQG
from a buy to a neutral rating and reduced the stock's price target from A$3.30 to A$2.30. The shares were last trading at A$2.07. The bank's analysts said their estimate of 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 ...
capitalbrief
3d
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 ...
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 ...
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