Jun 1st, 2023
Veteran Investor Jain is Still Bullish on India
Veteran investor Rajiv Jain expects India's stock market to outperform China over the next five years, as he sees regulatory risks from Beijing hitting corporate earnings growth. Jain's GQG Partners invested $1.9 billion in four Adani Group companies in early March, weeks after the Indian conglomerate was pummeled by a Hindenburg Research report. He tells Bloomberg he is certainly interested in investing further in Adani.
