Hedge Fund News From HedgeCo.Net

Chinese internet stocks propel US hedge fund to double-digit returns

Hedge Fund – Anti-virus software company Qihoo 360 Technology, one of Passport’s big holdings, climbed 190 per cent this year. Photo: Qihoo.com website

Booming Chinese internet stocks have fuelled Passport Capital’s double-digit gains this year at a time when many other hedge funds have delivered only modest returns.

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