Tiger-Related Funds Settle Down in August
Most Tiger Cubs and other funds with roots to Julian Robertson, Jr. avoided big losses for the month but remain deeply in the red for the year.
It looks like the Tiger crowd managed for the most part to sidestep the stock market’s sharp selloff in August.
Several long-short funds were up for the month, while a couple of others were flat. That’s pretty impressive when you consider that most of the Tiger-related funds specialize in the types of tech, internet, software, or consumer stocks that led the market’s overall August decline of between 4 percent and 5 percent.