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

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of