Dr. Ping Jiang is one of the world’s foremost macro traders, due to his successful track record of investing in emerging market as well as G7 currencies, bonds, equities, and commodities. Dr. Jiang currently serves as Chief Executive Officer and Chief Investment Officer of PING Capital Management, Ltd. Founded along with his partners in 2008, PING Capital is an investment management firm focused on investing in undervalued macro asset classes. Under Dr. Jiang’s leadership, the Firm has returned a cumulative 453.64% from 2008 to 2015 (25.32% annualized), among the best in the hedge fund industry. Driven by experienced research teams based in Shanghai and New York, and through incremental risk taking, the Firm identifies long term investment themes and deploys capital in undervalued asset classes, particularly in Latin America, greater China, and other emerging markets in Asia and Eastern Europe.
Prior to founding PING Capital Management, Dr. Jiang worked at SAC Capital Advisors LLC as a global macro manager from 2005 through 2008. Responsible for building up the SAC global macro business to more than $1.5 billion, Dr. Jiang became one of the most profitable investors in the world, with the highest return in such fund categories between 2005 and 2007.
Prior to SAC, Dr. Ping Jiang worked at Lehman Brothers Holdings Inc. from 1995-2004. He joined as an analyst in mortgage and fixed income research, worked as market maker in Latin America FX Options, became head of Latin America Local Market Trading, head of FX Proprietary Trading, and head of Liquid Market Proprietary Trading. Dr. Jiang established Lehman as the dominant firm in Latin America derivatives market. He was responsible for over 50% of the global profits for the Foreign Exchange Department, and was one of the largest profit producers in Lehman Brothers.
Dr. Jiang earned his undergraduate degree from the University of Science and Technology of China in 1986. He then earned his PhD in Chemistry from Princeton University in 1993. From there, Dr. Jiang went to the Graduate School of Business at Stanford University, obtaining candidacy for PhD in Finance in 1995.
As a precursor to his success in the financial world, Dr. Jiang became an accomplished Weiqi (Go) player in China, ranking 16th in the China National College Tournament in 1984. He lives with his wife and children in New York City. Through their Family Foundation, Dr. Jiang and his wife have contributed to various charitable courses in both China and the United States. Most notably, in 2006 Dr. Jiang donated $1 million to establish a scholarship for his high school alma mater, Yangzhou High School, of Jiangsu province, China.
Dr. Ping Jiang’s unparalleled success in the global financial markets has made him one of the foremost macro experts in the world. He continues to drive research, trading and long term investment strategies as the head of PING Capital Management, Ltd.
Disclaimer: Ping Jiang’s posts are not intended to be, nor should it be construed or used as, financial, legal, tax or investment advice.