Tue, Apr 24, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Julian Robertson reveals what makes a good hedge fund manager on Opalesque TV

Friday, November 20, 2009

By Benedicte Gravrand, Opalesque London:

Julian Robertson, a legend in the hedge fund world for having run a highly successful hedge fund for 20 years, is also known for having mentored some of the brightest in the field, now known as the “Tiger Cubs.” What is less known about him, though, is that after his fund closed in 2000, he seeded quite a few young sparks too. He revealed, in a video interview with Opalesque, the decisive factors for selecting managers – and many other things.

About the Tiger Julian H. Robertson was born in 1932 in North Carolina, served as an officer in the U.S. Navy until 1957, then worked as a stock-broker. He later spent a year in New Zealand with his family to write a novel. When he returned in 1980, Robertson launched Tiger Management, one of the earliest hedge funds, and one that was to become a legend in the industry.

Robertson is credited with turning $8m in start-up capital from friends and family into $22bn in 1998, and for returning more than 20% net yearly for 20 years. He gathered the smartest stock-pickers on Wall Street to work on the fund – which closed in March 2000, when poor stock picking – a lesson about the smartest -, together with the shorting of technology stocks caused sharp losses and investor withdrawals.

Tiger Cubs Many of the traders and managers Robertson employed and mentored at Tiger Management – the “Tiger Cubs” – are now running some of the best-known hedge fund fi......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its