Tue, Sep 8, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Ping Capital up 193% in 2009 unleveraged - how highly skilled, Western-trained Chinese experts build China's future financial powerhouses

Friday, March 05, 2010

From Sagar Chakraverty, Opalesque Asia:

New York-and-Shanghai- based Ping Capital runs the Exceptional Value Fund, a $60m global macro hedge fund focusing on Latin America and Asian emerging markets. It went up a whopping 192.81% in 2009, with double-digit returns in each of the last five months of 2009. Incepted in June 2008, it was down 34.26% that year, and opened 2010 with a 4.96% decline (see here).

In a recent interview with Matthias Knab, head of Opalesque, Ping Capital's founder Dr. Ping Jiang spoke about his experience with SAC Capital, surviving the Lehman trap, how he managed to return 193% (without leverage) in 2009, and investing in Latin America, his area of expertise. He also shared his views on how western-trained and highly qualified Chinese experts are helping to shape China's future economy.

The quest for knowing the real financial world urged this academically brilliant Chinese scholar to shift his focus to finance by studying at Stanford Business School for two years after completing his PhD in chemistry from Princeton University.

The Lehman experience Dr. Jiang joined Lehman Brothers as a researcher. Gradually, he started trading in Mexican peso, which was a rather unusual role given his Chinese background. But, the opportunity came in 1995; the c......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  3. KRX chief courts CalPERS for bigger bet on Korea[more]

    Korea Exchange Chairman and CEO Jeong Eun-bo held talks with California Public Employees' Retirement System, or CalPERS, to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday. Jeong met with CalPERS Chief Investment Officer Stephen Gilmore.

  4. 755 Unicorns, $8 Trillion: Fifth Era maps the autonomous digital economy[more]

    Matthias Knab, Opalesque for New Managers: Fifth Era Partners, a specialized asset manager focused on the convergence of Internet, AI/Agentic and Blockchain technologies, has released the findings of its 13th Bia

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m