The flagship vehicle of Passport Capital, the $4.1bn US hedge fund founded and run by John Burbank, gained 9.2% last month, thanks to a contrarian bet on a sharp decline in oil prices.
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Passport Capital posts big monthly gains on contrarian energy wager
The flagship vehicle of Passport Capital, the $4.1bn US hedge fund founded and run by John Burbank, gained 9.2% last month, thanks to a contrarian bet on a sharp decline in oil prices.