On
Some of the largest institutional investors in the United States, from Tiger Global Management to Yale’s endowment was busy dumping stocks from its portfolio in the second quarter as the market
Chase Coleman’s Tiger Global, whose hedge fund in It plunged 50% in the first half of the year, but recovered from its first-quarter losses as it continued to reduce risk. The company’s total equity exposure — which includes stock sales and falling value — fell about 55% to $11.8 billion. That’s down from $46 billion at the end of 2021.
