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GQG Partners overweight on India; HDFC, ICICI Bank top holdings

Adani investment of Rs 15,446-crore is 2% of its total exposure

Rajiv Jain, co-founder of GQG Partners
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Rajiv Jain, co-founder, GQG Partners (Photo: Bloomberg)

Abhishek Kumar Mumbai
US-based boutique investment company GQG Partners has shot into limelight with its Rs 15,446-crore Adani wager. However, the asset manager has shown strong India skew in many of its global funds, with stocks like HDFC and ICICI Bank featuring in the top 10 holdings.

GQG Partners was co-founded by India-born Rajiv Jain, who is also the portfolio manager of all the strategies. Started in 2016, the firm now manages assets worth over $92 billion, making the Adani investment nearly two per cent of its total holdings.

The company manages two global schemes — Global Equity Fund and Emerging Markets Equity