Tiger Global Posts 5.4% October Loss, Missing Stock Rally
- Coatue hedge fund was flat for month as D1 Capital gained 0.5%
- S&P 500 rose 8% in October, its second-best month in two years
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Chase Coleman’s Tiger Global Management lost 5.4% last month, failing to capitalize on a surge in global equities.
The drop extends the hedge fund’s 2022 decline to 54.6%, according to people familiar with the results. The S&P 500 surged 8% in October, its second-best month in almost two years, and the MSCI All World Index advanced 6%.