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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.

Business Line · 2d

Adani Green’s woes weigh on GQG Partners’ share price after UBS downgrades fund’s stock

GQG Partners shares drop after UBS downgrade due to Adani Group ties, while Adani Green Energy faces uncertain future.

Reuters · 2d

Major Adani investor GQG shares fall 13% after analyst downgrade

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.

The Telegraph16h

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 ...

capitalbrief2d

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 ...

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 ...

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 ...

Finance News Network2d

Adani bribery charges spark GQG sell-off: Shares tumble 14%

Shares in GQG Partners (ASX:GQG) tumbled today after UBS downgraded the company from a buy to a neutral and reduced the stock's price target from $3.30 to $2.30.

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