Top Investor Sees $2 Billion Adani Bet Delivering Returns Over 100%
- Rajiv Jain thinks investment could double in five years
- He defends Gautam Adani after critical Hindenburg report
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Rajiv Jain, one of the biggest names in emerging-market investing, cut across the grain last month when he bought almost $2 billion worth of Adani Group stock.
Now, the chief investment officer of GQG Partners Inc. has grand predictions for his bet on the embattled Indian conglomerate: a return in excess of 100%.