{"id":558422,"date":"2023-02-25T09:57:02","date_gmt":"2023-02-25T04:27:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=558422"},"modified":"2023-02-25T10:56:34","modified_gmt":"2023-02-25T05:26:34","slug":"pinebridge-looks-past-adani-saga-to-load-up-on-stocks-in-india-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pinebridge-looks-past-adani-saga-to-load-up-on-stocks-in-india-2\/","title":{"rendered":"PineBridge looks past Adani saga to load up on stocks in India"},"content":{"rendered":"<p>US asset manager PineBridge Investments is using India\u2019s recent market selloff to start buying stocks for its multi-asset portfolios, wagering that explosive corporate governance allegations against the Adani conglomerate won\u2019t derail a growth and manufacturing boom. <\/p>\n<p>While short-seller Hindenburg Research\u2019s January 24 report about the business empire of tycoon Gautam Adani has been one reason why investors have pulled billions of dollars out of Indian markets, Michael Kelly, who oversees Pinebridge\u2019s $17.8 billion global multi-asset portfolios, is among those going the other way.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US asset manager PineBridge Investments is using India\u2019s recent market selloff to start buying stocks for its multi-asset portfolios, wagering that explosive corporate governance allegations against the Adani conglomerate won\u2019t derail a growth and manufacturing boom. While short-seller Hindenburg Research\u2019s January 24 report about the business empire of tycoon Gautam Adani has been one reason why investors have pulled billions of dollars out of Indian markets, Michael Kelly, who oversees Pinebridge\u2019s $17.8 billion global multi-asset portfolios, is among those going the other way.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-558422","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/558422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=558422"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/558422\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=558422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=558422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=558422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}