Friday, 3 July 2015
Last updated 8 hours ago
Oct 6 2010 | 3:47am ET
Add Passport Capital to the list of hedge funds that outperformed their peers but badly lagged the broader markets in September.
The San Francisco-based firm, which made a name for itself by posting triple-digit returns three years ago, saw its flagship add 4.9% last month, Dow Jones Newswires reports. The average hedge fund was up about 3.5%, while the Standard & Poor's 500 Index soared 8.9% for its best September in 71 years.
Passport's flagship, which manages $1.7 billion, is up 7.8% on the year.
Passport manages $3.4 billion in total.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…