After Strong 2013, John Burbank Notes Different Market EnvironmentMark Melin
John Burbank's Passport Global, with $1.4 billion in firm assets under management, finished 2013 with a strong 23.2% return, besting the hedge fund’s annualized return of 18.8% since its inception, according to an investor letter reviewed by ValueWalk. The firm had net asset inflows of $58 million in the fourth quarter.
In the quarter, the fund generated a 4.5% return with a standard deviation of 11 . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible