Friday, 30 January 2015
Last updated 4 hours ago
Mar 16 2011 | 11:36am ET
Alphabet Management has named Nelson Saiers chief investment officer just eight months after he joined the firm from Deutsche Bank.
During his stint as head portfolio manager at the New York-based volatility hedge fund, Alphabet's assets under management have more than doubled to $275 million. Under his leadership, the fund posted an impressive 26% return last year.
"He's made us a much stronger company," founder Jason Adler explained to Bloomberg News. "He's enhanced our quantitative modeling, which helps make us more profitable."
At Deutsche Bank, Saiers worked on the proprietary derivatives trading desk. The math Ph.D. previously worked at UBS and Susquehanna International Group.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…