Tuesday, 28 July 2015
Last updated 19 min ago
Sep 8 2011 | 12:58pm ET
Former SAC Capital Advisors trader Ping Jiang wasn't able to duck August's ugliness.
Jiang's New York-based Ping Capital's Exceptional Value Fund lost 4.8% last month, according to Dealbreaker.com. The fund is up 8.22% on the year.
Exceptional Value rose 105% last year and 193% in 2009, meaning it will take an impressive four months for Ping to continue its run of triple-digit performance. The firm launched its second hedge fund, an emerging markets macro fund, in January.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…