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Poorly performing stocks see Tiger Global’s flagship hedge fund drop 34 per cent in Q1

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Tiger Global’s flagship hedge fund is down 34 per cent in Q1 2022 on the back of poorly performing stock investments and markdowns on private holdings, according to a report by Bloomberg.

Tiger Global’s flagship hedge fund is down 34 per cent in Q1 2022 on the back of poorly performing stock investments and markdowns on private holdings, according to a report by Bloomberg.

The report cites an investor letter for the information which also reveals that the fund fell 13 per cent in March alone, meaning that it is down for three consecutive months in 2022 after posting a loss of 7 per cent ion 2021.

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