BlackRock doubled Adani Group holdings post-Hindenburg row: Report

After shares of Adani Group firms tanked severely following the Hindenburg article, some of the world's largest asset managers raised their holdings in the firm, Bloomberg reported. BlackRock doubled its holdings than what it was in 2022, while State Street Corporation's holdings rose over 50%. Lombard Odier, Neuberger Berman and others too raised their holdings.