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Some hedge fund “Tiger Cubs” slash Ralph Lauren, others add

Reuters – A group of hedge funds seeded by veteran investor Julian Robertson cropped their stake in fashion brand Ralph Lauren Corp in the third quarter, even as the retailer attracted some of the biggest names in the $2 trillion hedge fund industry.

Several so-called Tiger Cubs – hedge funds launched with seed money by Roberston of Tiger Management – either reduced or dissolved their holdings of Ralph Lauren during the three-month period to September 30, according to regulatory filings released on Wednesday.

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