The Tiger Fund is Julian? Robertson's Tiger Management Company is a fund and one of the largest hedge funds in the world.
Tiger Management Company was established in 1980 with assets of 8 million US dollars. Its hedge fund successfully attacked the pound and lira on 1993, making a fortune. The company has a well-known reputation and its fund scale has expanded rapidly, making it the most famous hedge fund in the United States. Since then, the performance of Tiger Fund Management Company has been rising. Driven by the success of stock and foreign exchange investment, the company's highest profit (excluding management fees) reached 32%. 1in the summer of 998, its total assets reached the peak of $23 billion, and it once became the largest hedge fund in the United States.
What is a hedge fund?
The English name of Hedge Fund means "hedge fund", which originated in the United States in the early 1950s. The purpose of its operation is to use financial derivatives such as futures and options, as well as the operational skills of buying and selling different related stocks and hedging risks, which can avoid and resolve investment risks to a certain extent.
After decades of evolution, hedge funds have lost the original connotation of risk hedging, and hedge funds have become synonymous with a new investment model. That is, based on the latest investment theory and complex financial market operation skills, we should make full use of the leverage of various financial derivatives to undertake high-risk and high-yield investment models.
What are the basic characteristics?