Saiers Rising, Becomes CIO Of Hedge Fund Alphabet

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.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR