After Tough 1st Quarter, Tiger Global Meows With Muted 2nd Quarter Results

Mark Melin

Published onAugust 11, 2016

Updated on May 14, 2021

The second quarter for Tiger Global was mixed but mostly mixed if slightly muted to the upside, as the fund’s “long positions lost money” but the “short positions were profitable,” according to a second quarter investor letter reviewed by ValueWalk.

Also see top hedge fund letters

Short-side winners included retail and consumer names

Tiger Global (TGI) offshore and onshore share class were both up 0.8% in the second quarter, while the Tiger Global Long Opportunities (TGLO) was up net 14.5% for offshore investors but down -2.4% for US investors. 1.4% offshore and down 2.4% onshore,...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here

Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

After Tough 1st Quarter, Tiger Global Meows With Muted 2nd Quarter Results

Short-side winners included retail and consumer names

Login required to continue reading.

Get Your Business News