BOSTON, April 5- Several hedge funds who trace their ancestry to billionaire investor Julian Robertson's Tiger Management are boasting positive returns for the year even as tumbling markets have left many rivals with losses. In the first three months of 2018, Glen Kacher's Light Street Capital gained 11.8 percent while Chase Coleman's Tiger Global rose 6.7...
BOSTON, Feb 9- Billionaire investor Chase Coleman's hedge fund Tiger Global Management presented investors with a 28 percent gain last year when stocks zoomed higher, but he assured them he has not give up on betting against duds when the time is right. Last year it was wrong-footed by bets against grocer Whole Foods and mall operator General Growth Properties...
A group of prominent hedge funds have roared back with market-trouncing returns in 2017.
Some $70 million in research by Coatue Management this year has so far yielded three themes for investing in technology.
A high-flying private investment firm known for its prescient bets on tech is losing two of its top executives.
One-time hedge fund darling Apple was dropped by more famous hedge fund managers in the first quarter.
The roughly $6 billion fund, run by Chase Coleman and Feroz Dewan, has been the darling of the investment community for its string of strong returns at a time when the average hedge fund is delivering only low single-digit returns. At the end of the second quarter the New York- based fund listed Apple Inc, Yandex NV and Google Inc.