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UBS, GQG 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.
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.
The Telegraph
15h
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 ...
2d
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 ...
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 ...
Finance News Network
2d
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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