{"id":560226,"date":"2023-03-04T09:25:54","date_gmt":"2023-03-04T03:55:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=560226"},"modified":"2023-03-04T09:57:18","modified_gmt":"2023-03-04T04:27:18","slug":"australian-pension-fund-client-queries-gqg-about-1-9-bn-adani-investment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/australian-pension-fund-client-queries-gqg-about-1-9-bn-adani-investment\/","title":{"rendered":"Australian pension fund client queries GQG about $1.9 bn Adani investment"},"content":{"rendered":"<p>An Australian pension fund client of GQG Partners has asked the U.S. boutique investment firm for more information about its nearly $1.9 billion investment in the embattled Indian Adani group.<\/p>\n<p>GQG Partners bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller&#8217;s critical report sparked a stock rout.<\/p>\n<p>The U.S. firm manages money on behalf of at least four major Australian pension funds with a total of A$563 billion under management. GQG&#8217;s investment could expose these funds to Adani at a time when major investors, including Norway&#8217;s sovereign wealth fund, are selling the stock.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An Australian pension fund client of GQG Partners has asked the U.S. boutique investment firm for more information about its nearly $1.9 billion investment in the embattled Indian Adani group. GQG Partners bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller&#8217;s critical report sparked a stock rout. The U.S. firm manages money on behalf of at least four major Australian pension funds with a total of A$563 billion under management. GQG&#8217;s investment could expose these funds to Adani at a time when major investors, including Norway&#8217;s sovereign [&hellip;]<\/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":[135,130,232],"tags":[],"class_list":["post-560226","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/560226","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=560226"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/560226\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=560226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=560226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=560226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}