Tiger Global’s Losses Grow On China Sell Off

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Rupert Hargreaves
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Tiger Global Management was one of Wall Street’s most enthusiastic China bulls until this year.  The hedge fund, which managed around $100 billion at its peak across public and private investments, halted new investments in China at the beginning of this month according to the Wall Street Journal.  At the end of the second quarter, Chinese e-commerce giant JD.com was the largest holding in the hedge fund’s public equity portfolio based on the firm’s 13F.  As these SEC reports only show US-listed equity holdings, it’s difficult to determine the exact exposure of the hedge fund to China. However, at Tiger’s…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk