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Tiger Global Sidesteps Tech, Internet Carnage

The Tiger Seed posted only a slight loss in July despite its heavy tech focus, preserving its strong gains for the year.

  • By Stephen Taub

Is a small loss the new big gain? Perhaps, when it comes to the performance of internet and tech-centric hedge funds in July.A good example is Tiger Global Management’s long-short funds. They posted a 0.2 percent loss in July, trimming their gain for the year to 15.7 percent.At least one

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