Alkeon: Tech Stocks Are “Remarkably Undervalued”

Alkeon Capital Management’s Alkeon Growth Partners outperformed its benchmark, the MSCI AC World index in 2018. The fund ended the year down -11.3%, compared to a loss of -13.1% for the benchmark. In the fourth quarter, Alkeon lost -4.7% compared to the benchmark return of -11.2%. Q4 hedge fund letters, conference, scoops etc Since its inception, the firm’s track record is much more impressive. It has produced a total annualized return of 12.8% and a cumulative return of 1164.3% since inception, that’s compared to an annualized gain of 3.4% for its benchmark. For more up-to-date hedge fund content, and exclusive…