Veteran fund manager Rajiv Jain said his GQG Partners LLC holds about $13 billion in India stocks and plans to buy more, downplaying corporate governance and political risks associated with his headline-generating investments in billionaire Gautam Adani’s beleaguered conglomerate. GQG holds positions in companies, including cigarette and hotel group ITC , the country’s biggest drugmaker … Read more
NEW DELHI: NRI investor Rajiv Jain‘s GQG Partners, which had made a brave contra call by investing over Rs 15,000 crore in Adani stocks in the peak of the Hindenburg-led stock rout, has raised its stake in Adani Group by about 10%. “Within five years, we would like to be one of the largest investors … Read more
US-based boutique investment firm GQG Partners, which has recently invested in battered Adani group companies, raised its stake in FMCG major ITC during the March quarter. GQG Partners, run by NRI investor Rajiv Jain, has increased its holding from 1.29% in the December quarter to 1.44% at the end of March quarter. GQG Partners Emerging … Read more