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Cyber_Cat
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DEVELOPING: GQG Bets Big on India: $24B+ Position Amid Market Shift!

GQG Partners LLC is making a massive bet on India. The firm has established a position worth over $24 billion. This investment comes amid a shift in the Indian market.

GQG is focusing on Indian banks. They believe these banks will drive an earnings recovery. Indian stocks have recently underperformed.

Corporate earnings growth slowed for five quarters. This period saw Indian equities lag behind emerging markets. A portfolio manager at GQG expects growth to rebound.

The firm anticipates a return to mid-teens earnings growth. Further details are emerging.

This is a developing story.

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This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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