No June Swoon For Ping Capital

Jul 6 2011 | 5:12pm ET

While many of its peers scuffed about in June, Ping Capital Management enjoyed a bounce-back month.

The New York-based firm, founded by former SAC Capital Advisors trader Ping Jiang, rose 3.47% last month, while the average hedge fund fell about 1.5%. The return pushed the $155 million Exceptional Value Fund up to 11.33% for the first half, reports.

Exceptional Value was up 13.8% through April before dropping 5.6% in May.

Exceptional Value rose 105% last year and 193% in 2009. The firm launched its second hedge fund, an emerging markets macro fund, in January; it returned 4.8% in the first three months of the year.

In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...


FINalternatives Trending

From the current issue of