Weiss Asset Management LP Discloses New Stake in Infosys Limited (NYSE:INFY) – MarketBeat

Weiss Asset Management LP has recently disclosed that it has acquired a new stake in Infosys Limited (NYSE:INFY). As of the end of the first quarter, Weiss Asset Management LP held 27,300 shares of Infosys Limited, which represented approximately 0.04% of the company’s outstanding shares. This new position has a market value of approximately $1.4 million. Infosys Limited provides consulting, technology, and outsourcing services to clients across various industries. The company operates through two segments, Financial Services and Industry Segment, and also offers managed services, application development, and maintenance services. Over the past year, Infosys Limited has seen significant changes in its leadership and strategy, including the appointment of a new CEO. The company has also made efforts to increase its cloud and artificial intelligence capabilities. As a result, investors may be interested in tracking the performance of Weiss Asset Management LP’s new position in Infosys Limited.