Tiger Global’s Flagship Hedge Fund Has First Gain Since October


Tiger International Administration eked out a 3.4% acquire in June in its flagship hedge fund, in line with an individual conversant in the agency, in what marks the fund’s first acquire since October. Nonetheless, the hedge fund remains down 50.1% for the primary half of the 12 months, worse than losses notched by major stock-market indexes and different giant hedge funds investing in development.

The determine was a flash estimate Tiger shared with traders Tuesday night and didn’t embody any commentary. As compared, the tech-laden Nasdaq Composite misplaced 8.7% in June together with dividends; the S&P 500 misplaced 8.3% together with dividends.


Please enter your comment!
Please enter your name here

Share post:




More like this

How Amazon orders get to your door as shoppers gear up for Cyber Monday

How Amazon orders get to your door as...

Married GMA Co-Hosts Amy Robach & T.J. Holmes In Months-Long Affair! Caught On Video!

If you happen to’ve ever been watching a...

Use of drugs for weight loss causes shortage

Use of medication for weight reduction causes scarcity...

Lindsey Graham Is Teaming Up With Elizabeth Warren To Regulate Twitter, Apple, Google, And Facebook

Sen. Lindsey Graham introduced that he's working with...