GQG funds whacked as Rajiv Jain stares down US tech rebound

Missing out on a stunning rebound in Wall Street’s technology giants would rattle most investment chiefs, but GQG Partners’ Rajiv Jain remains unnerved.

Instead, the high-profile stockpicker has doubled down on a bet against US tech stocks this year which means GQG has missed out on the recent resurgence in the so-called magnificent seven, including Nvidia, Apple and Meta, over the past month.

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