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Alternative Market Briefing

PING Capital reaps returns from volatile emerging markets

Wednesday, October 02, 2013

Beverly Chandler, Opalesque London:

PING Capital Management has enjoyed good returns for its Exceptional Value Fund, up an estimated 24.58% year to date, 447.47% since inception in 2008 and the Emerging Market Macro Fund which is up 6.8% year to date, 32.04% since inception in 2010. PINg Capital was founded in February 2008, by Ping Jiang and began with an investment team from SAC Capital. The firm has trading operations in New York and Shanghai.

The PING Exceptional Value Fund LP (onshore feeder) focuses on global macro strategies with an emphasis on China, Latin America, and other emerging markets opportunities. PING Capital invests in a focused strategy of core investment themes with relatively low leverage, developed from economic fundamental research and valuation anomalies in emerging markets. The firm explains that while they mainly use a directional strategy, the Fund also seeks to profit from relative value and short term trading opportunities. Instruments traded include local and external bonds, currencies, equities, commodities, and derivatives. PING Capital’s team has had extensive experience in derivative trading and analysis and uses a research driven and quantitative oriented trading approach.

PING writes: "The Fund’s internal macroeconomic research provides ideas about the valuations and economic risk in the markets; however the investment team does not make the investment decisions based sol......................

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