Wednesday, 01 May 2013 17:20
Posted by Muhammad Iqbal
NEW YORK: Nelson Saiers, a trader and math whiz, runs the type of hedge fund that tends to perform best when markets are going haywire.The $600 million Saiers Capital fund and other so-called volatility funds use complex trading strategies to take advantage of pricing discrepancies caused by gyrations in global financial markets.These funds flourished in the years after the financial crisis, when volatility was running hot, but this year is a different story.Financial markets have ...