Comment: Chris Sullivan
The hedge fund industry has always had a bit of a schizophrenic relationship with the media, particularly here in the US
Against the backdrop of difficult market conditions and growing investor…
11/01/2012
Alphabet Management, a New York-based relative value volatility hedge fund manager, is set to bolster its investment strategies with the addition of new hires in the coming months, HFMWeek has learned.
Nelson Saiers, CIO, said the firm plans to hire credit and equity derivatives traders in order to facilitate its expansion in those strategies.
“These new hires will broaden our geographical reach and improve our trading of these assets,” he said.
The planned expansion follows the recent hiring of a dedicated FX trader in December and an ex-Susquehanna equity derivatives trader, based in San Francisco, who was brought in last April to focus on the Asia region.
According to an investor, in the last year Alphabet Management has almost tripled its assets to $640m as of 1 January 2012, from $230m in January 2011.
07/06/2012
Join us and our panel of experts for HFMWeek's Subscribers' Club June's UK breakfast briefing, 'Impact…
31/05/2012
The next US HFMWeek Subscribers' Club breakfast, will take place on Thursday May 31. Join us and…
02/02/2011
HFMWeek's European Hedge Fund Services Awards are designed to recognise companies that have outperformed...
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