American registered investment advisor Vanguard Group had disclosed on April 8 that it now owns 82.4 million shares of Twitter, or 10.3 percent of the company, according to the most recent publicly available filings with the U.S. Securities and Exchange Commission.
US-based investment firm Vanguard Group has marked down its investment in e-commerce major Flipkart by a third, says an article in the Mint today.
In the past, global asset manager T Rowe Price Group slashed the value of its stake in Flipkart by a fifth.
Vanguard Group's switch to tracking the FTSE Group's benchmarks for six of its international index funds could benefit Brazil, Russia, India, and South Africa, but would be negative for the Chinese markets, JP Morgan estimated.