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Morgan Stanley Investment Management has announced a portfolio management change for the Morgan Stanley China A Share Fund, Inc. In other news, Indian equities continued to rise, driven by gains in banks and energy stocks, while Citigroup adjusted its price target on Morgan Stanley to $125, maintaining a neutral rating. Additionally, Morgan Stanley raised its GDP growth forecast for China in 2025.
Patrick Drahi, the French-Israeli telecommunications billionaire, has reportedly relocated from Switzerland to Tel Aviv for personal and family reasons, amid ongoing tax proceedings in Geneva. His move comes as his Altice Group faces significant debt challenges, with assets estimated at 5.5 billion francs. Drahi, who has held various international passports, previously listed Swiss addresses and recently cited a Caribbean address, complicating the tax authorities' investigation into his residency.
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Morgan Stanley announces management changes for China A Share Fund
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13:46 24.03.2025
patrick drahi relocates to israel amid tax scrutiny and financial challenges
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07:03 23.12.2024
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