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GQG sees upto 100% returns on its Adani Stake

The Fort Lauderdale based Emerging market investing group which bought a $2bn stake in the Adani group of companies. The owner, Rajeev Jain sees this opportunity to get a solid grounding in the group's future as he believes the group will be pivotal in bringing Modi's infrastructure development plan to reality. He believes its assets like the Mumbai International airport, mines and ports could be worth alot more and could be worth more than certain companies. The stake was purchased after the hindenburg report lead to a $150bn wipeout in value. However shares have still rallied.



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