Rajiv Jain-led GQG’s $10 billion India bet has winning picks beyond Gautam Adani
GQG Partners LLC, led by star investor Rajiv Jain, saw the value of its India portfolio more than double in little over a year, driven by winning stock picks that go beyond its headline-grabbing investments in the Adani Group.The value of India investments across six of GQG’s funds jumped to $9.9 billion compared with $4.4 billion a year earlier, according to data compiled by Bloomberg from latest regulatory filings and information on the Florida-based investor’s website. GQG added stocks across infrastructure, consumer goods and energy sectors in the India equity market which topped the $4 trillion mark last week, cementing its status as one of the best performers in the emerging world. India is getting much love from global investors eager for alternatives to China at a time when Prime ...