Hedge Funds

Big Tiger cubs are back on track


Several of Julian Robertson's most vaunted "Tiger cubs" are expected to report double-digit gains for the first four months of the year when they post April results next week.

As of April 23, Andreas Halvorsen's Viking Global Equities had already racked up a net gain of more than 10%; Steve Mandell's Lone Pine over the same period produced a gross return of nearly 12%.

Other stock pickers who acquired their fundamental-oriented strategy at Tiger Management were nearing or surpassing the double-digit mark at the end of March. These include Lee Ainslie's Maverick Capital, which had clocked a gain of