GQG Partners shares rise as FUM update eases fears over Adani-linked losses

GQG Partners shares rise as FUM update eases fears over Adani-linked losses

FILE PHOTO: The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave

Australia-listed shares of GQG Partners rose on Monday after it reported an increase in its funds under management (FUM) and gross flows for November, pacifying investor worries after losses linked to India’s Adani Group.