Business

Tiger Global Gains 3.4% in June in Top Hedge Fund

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

Luke Plunkett

TheHiu.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@thehiu.com. The content will be deleted within 24 hours.

Related Articles

Back to top button