Saturday, 29 November 2014
Last updated 19 hours ago
Dec 10 2012 | 5:39am ET
Alphabet Management is rewarding its chief investment officer with a promotion—and a new name.
The New York-based hedge fund will rechristen itself Saiers Capital, after CIO Nelson Saiers, Bloomberg News reports. In addition, Saiers was named a full partner and co-managing member of the firm, effective in April.
"Together with Nelson's leadership, we have significantly expanded the asset classes we trade, our geographic coverage and have tripled our assets under management," firm founder Jason Adler, who heads Alphabet's non-investment efforts, wrote to clients.
The $565 million firm's hedge funds will not be renamed and will continue to carry the Alphabet name.
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...