Tuesday, 2 September 2014
Last updated 7 min ago
Mar 17 2011 | 1:36pm ET
Former Goldman Sachs fuel oil trader Gilbert Saiz is doing very well for himself as a hedge fund manager.
Saiz's Vector Commodity Management returned 8.2% last month, almost as much as it made last year, when it returned 8.6%. The fund, which launched last June, is up 12.2% through the first two months of this year.
The firm is also building up its assets, having reached US$258 million by the end of January. Vector managed just US$80 million in September. The London-based firm has a capacity of US$600 million.
Before launching Vector, Saiz was head of Goldman's fuel-oil desk in Europe, working at the firm for more than a decade. As at Goldman, Saiz trades crude oil and refined oil products at Vector.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...