Tiger Global Management posted a 3.4% gain in June in its flagship hedge fund, according to a person familiar with the company, marking the fund’s first gain since October. Still, the hedge fund The stock market is still down 50.1% in the first half, worse than the losses recorded by the major stock market indexes and other large hedge funds that are investing in growth.
The number is a flash estimate that Tiger shared with investors Tuesday night and does not include any comment. Meanwhile, the tech-filled Nasdaq Composite lost 8.7% in June including dividends; The S&P 500 lost 8.3% including dividends.
https://www.wsj.com/articles/tiger-global-management-ekes-out-3-4-gain-in-june-in-flagship-hedge-fund-11657062420?mod=rss_markets_main Tiger Global Gains 3.4% in June in Top Hedge Fund