Monday, August 11, 2008
Asian hedge funds brace for U.S. registration - Ping Jiang - SAC Capital Advisors
Ping Jiang - SAC Capital Advisors, a $6 billion hedge fund run by Steven Cohen, has hired new four portfolio managers to invest in stocks and emerging markets, part of an expansion at the New York-based firm.
Ping Jiang, who previously worked at Lehman Brothers Holdings, will focus on so-called macro investing in emerging markets. Macro investing involves betting on economic trends with stocks, bonds, currencies and commodities...