Monday, 3 August 2015
Last updated 2 hours ago
Oct 7 2011 | 11:53am ET
Ping Capital's streak of triple-digit performance is now at serious risk.
The New York-based firm, founded by former SAC Capital Advisors trader Ping Jiang, plummeted 19.1% last month, Dealbreaker.com reports. The firm's Exceptional Value Fund is now down 12.63% on the year—it was once up as much as 13.8% this year,
Ping has enjoyed rather exceptional returns over the past two years, rising 193% in 2009 and 105% last year.
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…