Fortunes diverge for listed fund managers in manic week
Jonathan ShapiroSenior reporter
Australia’s listed fund managers have endured a volatile week as equity and bond markets plunged amid concerns that central banks will be forced into a series of rate increases to stave off inflation.
Among the hardest hit of listed fund managers in January is new entrant GQG Partners, which has suffered a near 20 per cent share price slide in a single week.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
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