GQG's Chairman and Chief Investment Officer Rajiv Jain told Reuters the Australian-listed firm had carried out its own "deep dive" into Adani and disagreed with Hindengurg's report.
"He does not explicitly run an ESG fund, and importantly, his investors are well aware of that," he said in reference to GQG buying into Adani which has major coal assets. ESG stands for environmental, social and governance.
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India's Adani group gets $1.87 bln investment from U.S. boutique firm GQGU.S. boutique investment firm GQG Partners has bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller's critical report sparked a stock rout. Getting back lost sheen ….
Source: Reuters - 🏆 2. / 97 Read more »
India's Adani group gets $1.87 bln investment from U.S. firm GQGU.S. boutique investment firm GQG Partners has bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller's critical report sparked a stock rout. USA and hindensburg should investigate this,as this may be another disguise from adani. You never know he might be fooling people again😉😜. Rajiv Jain is a Modi supporter. Did he get instructions to bail out Adani? Adani on fire 😍🔥🔥🔥.
Source: Reuters - 🏆 2. / 97 Read more »