Friday, 21 November 2014
Last updated 4 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...