Monday, 22 September 2014
Last updated 48 min 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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