Friday, 25 July 2014
Last updated 1 hour 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…