Tiger Global, Viking Pummeled Last Month Amid War in Iran

Some of the hedge fund industry’s most prolific stock-pickers incurred big losses in March as the US and Israeli war against Iran roiled markets.

Tiger Global Management’s main hedge fund tumbled 7.3% last month, while Maverick Capital’s dropped 5% and Viking Global Investors’ lost 4.1%, according to people with knowledge of the matter, who asked not to be identified discussing confidential details. Coatue Management declined 4.8% in March, Bloomberg reported previously.