Explore the repercussions of bribery charges against Gautam Adani on GQG's stock, and potential impacts on investor confidence.

GQG Partners , which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday after Gautam Adani, the conglomerate's chair, was indicted in the U.S. over charges of bribery and fraud.

In March 2023, GQG invested in five companies of the Adani group, including flagship Adani Enterprises, Adani Ports & SEZ, Adani Green, Adani Energy Solutions, and Ambuja Cements

GQG Capital's memo reveals doubts on Adani stocks, lacking strong support amid declining profits and skepticism.

The day before the indictment on November 19, GQG had total exposure to Adani Group companies of $9.7 billion on a total asset base of $158.6 billion, representing roughly 6.1% of total assets

Global investment company GQG Partners has maintained that it continues to believe each individual Adani Group company is "well-positioned for the future" and as of now it has "not changed our view on the prospects for these investments.

GQG Partners faces a 26% loss in Adani stocks amid bribery allegations, prompting a potential portfolio review while refusing to sell, despite mounting controversy.

Boutique investment firm GQG Partners has reiterated its confidence in Adani group companies amid an indictment of the Indian group's promoters in an alleged bribery case in the US

American investment firm GQG Partners decided not to sell shares of Adani Group companies, stating that the exposure was manageable even during stock market volatility. The firm does not feel the US securities regulator's claims will have any material impact on the group.

GQG Partners downplayed the impact of the $265 million US bribery scandal on Adani Group, stating their investment thesis remains unchanged. With a $9.7 billion exposure, representing 6.1% of their assets,