Monday, 24 October 2016
Last updated 2 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.