Bloomberg – As a hedge-fund manager who thrives on turbulence in the commodities markets, John Burbank couldn’t have done better than the first week of May.
The prices of oil, metals and other raw materials nose- dived the most in two years as investors retreated from emerging markets amid surging inflation in China and India and political upheaval sweeping through the Middle East and North Africa. For Burbank, the founder and chief investment officer of San Francisco-based Passport Capital LLC, the sell-off is an opportunity. He’s looking to add to the heavy bets he’s made in the frontier market of Saudi Arabia, Bloomberg Markets magazine reports in its July issue.
