Don’t Count Out Tiger Cubs, Says Hedge Fund Analyst

The “Tiger Cub” hedge funds, those protégés of legendary investor Julian Robertson, were down significantly in March, suffering their third worst month of negative alpha in history.  But don’t count them out  says Stanley Altshuller, co-founder and chief research officer at Novus, a hedge fund analytic platform. In fact if history is any guide, investing after a drawdown might be a consideration. Investing in Tiger Cubs on a drawdown In an interview Altshuller noted that the Tiger Cubs “have a statistical tendency to deliver above average returns after experiencing negative market conditions.”  What Altshuller appears to be pointing to is…