Throughout 2020 and 2021, some of the biggest names in the hedge fund world reaped huge profits as shares in tech stocks, which featured heavily in their portfolios, ripped higher. However, this year the trend has gone into reverse. Stocks that were once some of the hottest plays on the market have fallen from grace, in some cases losing 90% or more of their value from the pandemic high. The highest profile casualty of this shift is Chase Coleman’s Tiger Global. The hedge fund, which managed around $90 billion in assets at its peak, booked losses of nearly 50% in…
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