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Rajiv Jain s GQG sees its investment in Adani stocks grow 150% to $10 billion
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Australia-listed investment firm GQG Partners added more shares of Nvidia Corp in the second quarter, ending June with $5.9 billion invested in the chipmaker, according to regulatory filings on Friday. Shares in Nvidia are up roughly 180% year to date and reached $1 trillion in market capitalization, amid excitement over advancements in artificial intelligence. In the beginning of June, Chief Investment Officer Rajiv Jain told Reuters he had been meaningfully increasing the firm's position in Nvidia, as he believed the stock had room for more gains.
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