Asset Managers, Deal Makers, Financial, Fund Managers, Global, Global Investment, News, Technology

Top Fund Managers Markdown Uber’s Valuation by Almost 15%

Top Fund Managers Markdown Uber’s Valuation by Almost 15%

Top fund managers, Vanguard Group, Principal Funds and Hartford Funds have re-valued Uber downwards by 15% to $41.46 in June, according to the fund managers’ filing.

” Top Fund Managers Markdown Uber’s Valuation by 15% “

Another fund manager, T. Rowe Price Group lowered the value by 12% to $42.73 while Fidelity Investments retained its valuation at $48.77.  The world’s largest asset manager, Blackrock, lowered its estimate marginally, maintaining the company value around $53.88. The company is privately held, and valuation of the popular car-sharing technology company ranges from $60 billion to $69 billion.

Watch:

Watch:


The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals.  Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.

Get The Wealth Insider Daily

  • For Press Release,  please contact press@thewealthinsider.com
  • For Media-related enquiries, please contact media@thewealthinsider.com
  • For Advertisement, please contact our official ad agency
Previous ArticleNext Article