BATTLE OF THE QUANTS

Giovanni Beliossi, Owner, FGS Capital LLP Giovanni is Managing Partner at FGS Capital LLP, where he is the CEO and is responsible for portfolio management. Previously he was Associate Director of hedge funds at First Quadrant Ltd, where he set up and was the portfolio manager of its Pan European long/short equity market neutral portfolios, and was responsible for UK-based hedge fund business. He has extensive experience of managing equity market neutral portfolios since 1995, when he joined the firm. Prior to that he was a tenured Research Fellow with the Economics Department of the University of Bologna in Italy, and he has held appointments with BARRA International and Eastern Group Plc. He co-founded the Real Options Group to look at research and applications of Real Options to corporate finance and investments. He is an active member of AIMA (Alternative Investment Management Association) and a Research Committee member of Inquire UK. He is a Board member of the International Association of Financial Engineers (IAFE). He is the European Chair of the Steering Group of the Investor Risk Committee (IRC) of IAFE working on guidelines for disclosure and transparency for hedge funds. Giovanni is a CFA Charterholder.

Martin Bernier, Senior Analyst, Research & Development, Innocap Investment Management Martin Bernier joined the Innocap Research and Development team in 2007 while completing his Master's degree in Financial Engineering at the Université de Montréal. In 2001, he completed an Honours BA in Computer Science and Mathematics at McGill University in Montreal. He subsequently worked as a military systems specialist for CAE, where his main function was to develop flight simulators for air crew training.

Ed Boscott, Managing Director, Oxford and Cambridge Investment Management Ed Boscott is a Director of Computer Aided Portfolio Design (CAPD) and a Portfolio Manager for Bank Insinger de Beaufort (BNP Paribas Wealth Management). He has 20 years experience building and running forecasting models and has managed billions of dollars in systematic investments. At Insinger Ed manages the OCIM Market-Neutral Equity Fund which is now entered its eighth year having established a successful track record. The OCIM fund uses a quantitatively-based investment approach designed and built by Ed Boscott and his team at CAPD. Prior to managing the OCIM Fund Ed was at Barclays Global Investors where he headed European Stock Research and Alpha Production. Ed joined the original Barclays Quant team in 1994 and later built and ran the UK and Europe ex UK forecasting models which enjoyed tremendous success. Before Barclays, Ed spent eight years at Oxford University completing a master's and doctorate in computer forecasting. He is a member of The Society of Investment Professionals, The Royal Society of Chemistry and The Institute of Directors.

Dr. Alexei Chekhlov, Partner, Head of Research, Systematic Alpha Management, LLC Dr. Alexei Chekhlov is a Partner and the Head of Research at Systematic Alpha Management, LLC. Dr. Chekhlov graduated from Moscow Institute of Physics & Technology in 1990 with Highest Honors in Theoretical Physics & Applied Mathematics. He earned his Ph. D. in Applied & Computational Mathematics from Princeton University in 1995. Dr. Chekhlov previously worked for Wexford Management (Quantitative Analyst, options pricing and trading), BNP Paribas (Proprietary Trader, quantitative global fixed-income futures trading) and TrendLogic Associates (Assistant Director of Research, global futures and equities strategies). Dr. Chekhlov's scientific background relates to such fields as hydrodynamic instabilities and fluid turbulence. Throughout his career in science and finance, certain results of his work were published in leading physics and finance periodicals. Dr. Chekhlov holds Series 3 securities license. At the present time, Dr. Chekhlov also serves as an adjunct professor at the Columbia University Mathematics Department.

Brian W. Chung, Senior Vice President - Senior Portfolio Manager, Fund of Funds Group, SSARIS Advisors, LLC Brian W. Chung is Vice President and Senior Analyst at SSARIS Advisors LLC. Mr. Chung is responsible for the daily management of the firm's hedge fund-of-funds products and is a member of the Investment Committee. Mr. Chung oversees the manager selection and monitoring process and has spent his entire professional career in absolute return investments. Prior to joining SSARIS Advisors, Mr. Chung served as Vice President of Paradigm International, a New York based fund of funds corporation. At Paradigm, as a member of the asset allocation team, he was responsible for portfolio allocations and performing due diligence on hedge fund managers covering all alternative investment strategies. Mr. Chung also served as the Head of Research for Mitsui Commodities Corporation, a managed futures fund-of-funds overseeing $1.2 billion in client funds. Mr. Chung received his B.S.E. in Finance from Wharton.

Marco Dion, Head of Equity Quant Research - Europe, JPMorgan Marco Dion joined JPMorgan in May 2007, and is in charge of the European Equity Quant Research team. Marco previously worked at M.S.I.L. where he was a senior trader responsible for managing the company's proprietary long/short equity book according to a fundamental, as well as a quantitative/systematic framework. Prior to that, Marco worked in a similar role at Mako Global, trading derivatives in Europe and Asia. Marco holds a BSc in Finance from HEC Brussels. After finishing 5th in 2008, Marco and his team were ranked number 1 Quant team in Europe in the 2009 Institutional Investors survey.

Emmanuel Doe, Business Manager Tick History, Thomson Reuters Emmanuel is responsible for Enterprise Information's Tick History archive business to support customers' in their analysis of quantitative trading strategies and for regulatory and compliance purposes. Prior to joining Reuters 2 years ago, Emmanuel managed the investment research business of IDC and also has a background in M&A and strategic business planning. Emmanuel holds a Bachelor's degree in Politics, Philosophy & Economics from the University of Pennsylvania.

Prof. Dr. Michael Feindt Born in Berlin in 1958, Professor Dr. Michael Feindt has since 1997 been teaching at the University of Karlsruhe, where he runs two groups working in elementary particle physics. He has been gaining extensive experience in statistical data analysis since 1983 at research centers like DESY and CERN. He has been involved with the DELPHI experiment at CERN in Geneva since 1991, with the CDF II experiment at Tevatron in Chicago since 1997 and the Belle experiment in Japan since 2008. He has initiated, executed and managed a large number of major software projects in this field, particularly for complex statistical analyses. In his group several new elementary particles have been discovered. He invented the NeuroBayes® algorithm in 2001 and in 2002 founded consultancy Phi-T Physics Information Technologies, a high-tech spin-off of the university. Phi-T has performed numerous successful NeuroBayes® applications e.g. in insurance, retail and industry. 2008-founded Phi-T products & services now introduces these techniques on a large scale in big companies. Advanced neural networks also are the core technology of the Lupus alpha NeuroBayes® Short Term Trading Fund run by Feindt and Dr. Christian Haag.

Pete Feistmann, Private Investor Peter Feistmann was a property developer and commercial property manager in the 1970's and 1980's, and has also been a private investor since the 1970's. He began investing in hedge funds in the 1980's. He has invested with many quantitative managers, and spends considerable time analyzing new quants. He has a B.A. in Political Science from the University of North Carolina.

Frank Gerhard, Director, Head of Fund Linked Derivatives - Product Strategy, Barclays Capital

Damian Handzy, Chairman & CEO, Investor Analytics Damian has over 15 years' experience in the risk management industry, having consulted to many of Wall Street's largest asset managers on risk management, Internet-based reporting and data management while at Deloitte in the mid-1990's. In 1999, Damian co-founded Investor Analytics to provide risk management services to the investment management industry and was named Chairman & CEO in 2006. Under Damian's stewardship, Investor Analytics has brought the most promising advancements in risk management to market. IA continues to lead the industry in Risk Transparency - uniquely promoting transparency into the assumptions and methodologies used by the firm's models and even extending the definition of transparency to include the accuracy of the models themselves. Damian has been a vocal advocate of incorporating advancements from other disciplines to improve Risk Management in the investment industry - lessons from Natural Selection/Evolution, Cognitive Science, Complexity Theory/Emergence and Behavioral Science all play a significant role in his view of the future of our understanding of economics, markets and risk. Damian is regularly invited to speak at leading industry conferences on risk management topics, and is well published in the financial press. He has experience in advanced technology applications, numerical simulations and mathematical modeling. His background is in experimental sciences and numerical techniques applicable to securities analysis. He is extensively published in scientific peer-reviewed and financial journals. Damian received his undergraduate degree from the University of Pennsylvania and his doctorate in nuclear physics while working on Correlation Functions at the National Superconducting Cyclotron Laboratory in Michigan.

Jasmina Hasanhodzic Jasmina Hasanhodzic is a research scientist at AlphaSimplex Group, LLC, where she develops quantitative investment strategies and benchmarks, including 130/30 indexes. She received her Ph.D. from MIT's Department of Electrical Engineering and Computer Science, where she proposed new methods for automating technical analysis and replicating hedge-fund betas. Her work has appeared in the Journal of Investment Management and Institutional Investor's Alpha Magazine, and she is the co-author, with Andrew Lo, of the forthcoming book The Heretics of Finance to be published by Bloomberg Press. She serves on the board of directors of the Market Technicians Association Educational Foundation. A summa cum laude graduate of Yale College, Jasmina is a recipient of a number of awards for academic excellence, and a member of several honor societies, such as Sigma Xi.

Steven Hedgecock, Director, Altis Capital Stephen Hedgecock has over 22 years' experience in trading, implementing automated investment management systems, and the development of client and financial industry relationships. He is currently Principal at Altis Partners (Jersey) Limited. Prior to this position, he was the Executive Director at Quality Capital Management where he was responsible for the daily management of the company from inception, including the supervision of all trading activity. He was also actively involved in prospecting, developing, and maintaining client relationships. Before Quality Capital Management, he was Executive Director at Sabre Fund Management where he managed a team that traded over 90 different commodity and financial instruments in cash, forward, futures, and options markets. He also rationalised dealing costs and sourced new brokerage counter parties. Stephen also was a Trader at Moore Capital Management where he executed and maintained global positions in currencies, interest rate instruments, precious metals, energies, and stock indices and also collated all proprietary and external research for internal distribution and a Foreign Exchange Dealer at Citibank NAIB where he was involved with market making and trading foreign exchange markets.

Dan Jelicic, Principal, Sabre Fund Management Limited Dan Jelicic, Principal, leads and drives the investment process at Sabre and heads up the R&D programme. Dan joined Sabre in April of 2002 to run the Sabre Style Arbitrage Fund - a strategy devised by him as a progression of his previous experience of running money at ABN AMRO Asset Management in London. Dan has developed a range of quantitative fundamental and technical models to forecast equity styles. He directs a team of portfolio managers and trading specialists who manage the Fund. Prior to ABN Amro, Dan has held roles at JP Morgan and at Sedgwick Noble Lowndes.

Matt Klaeffling, Founder, K Kapital

Martin Kuehrer, PhD, Principal, fin4cast Dr. Martin Kuehrer is the Ceo of fin4cast. fin4cast develops systematic and purely model driven investment strategies. Prior to joining Siemens in 1994 Dr Kuehrer held a number of positions with prominent engineering companies. Dr Kuehrer has steered the quantitative strategies proposition at Siemens fin4cast from its beginnings and has formed numerous successful partnerships with financial institutions. Dr Kuehrer is a regular speaker at international conventions on asset management and quantitative investment management. Dr Kuehrer has degrees in engineering and business administration as well as a PhD in finance.

Bernhard Langer, CIO, Global Quantitative Equity, Invesco Asset Management GmbH Bernhard Langer started his investment career in 1989 with Bayerische Vereinsbank, moving to their Asset Management function in 1992 where he led the strategy team. He joined Invesco in 1994 as portfolio manager for equities and became head of equities in 1996 and Chief Investment Officer in 2000 for Germany. In 2002 he took over the responsibility for the Quantitative Strategies Group (International). In January 2009 Bernhard became CIO, Quantitative Equities Strategy, and is responsible for the Quantitative Equities investment approach, related products and clients with team members in New York, Boston, Frankfurt and Melbourne. Bernhard holds a M.A. in Business Administration, Economics and Banking from University of Munich and is a CFA charter holder.

Dr Giles Nelson, Senior Director of Strategy and Evangelism, Apama Progress Software Dr Giles Nelson is responsible for the strategy and evangelism of Progress Software's Complex Event Processing (CEP) product, Apama. As CEP technology comes of age, he is responsible for maintaining the company's market leading position in this space. In his role, he develops global business strategies and manages technology innovation into new markets, as well as bolstering market share in the Capital Markets sector. Before his current role, Nelson was CTO EMEA where was he was focused on providing customers with innovative business solutions using Progress' early-market technologies throughout the region. Prior to joining Progress Software, he was the co-founder of Apama, the pioneering event processing software vendor acquired by Progress Software in April 2005, where he co-invented the core patented technology. Nelson is a regular speaker at leading technology and Capital Markets industry events and is published and quoted widely in the media. He holds a PhD in Computer Science from the University of Cambridge.

Dr. Paul Netherwood, Partner, Beach Horizon LLP Dr Netherwood is a founding partner of Beach Horizon LLP with responsibilities for investment management and research. He was responsible for designing and building the Horizon model and trading system. He has over 16 years experience in designing and building trading systems and large-scale risk management systems in a number of investment banks. Prior to founding Beach Horizon in May 2005, Dr Netherwood was at Beach Capital Management from 2001 where he was responsible for building systematic trading systems. Paul started his career at AHL (now Man Investments Limited) in 1993 where he was involved in trading system development. He later moved to Nomura to build risk management systems. Following that, he was Chief Architect at a risk management software house responsible for building Credit Risk Management systems for Deutsche Bank. He has a PhD in Pattern Recognition and a BSc (Hons) in Computer Science from Kingston University.

Tushar Patel, Managing Director, HFIM - Hedge Funds Investment Management

Luis Rodriguez, Risk Manager, Manhattan Family Office

Karsten Schroeder Karsten Schroeder is the CEO of Amplitude Capital and the portfolio manager for the Amplitude Dynamic Trading Fund. He oversees all the key decisions related to product development, trading ideas and strategy for the Amplitude's range of funds. Together with his partners he founded Amplitude Capital in September 2004. Prior to that he was with McKinsey where he was involved in a number of key Corporate Finance projects involving blue chip European clients. Karsten received his Business Diploma from the HHL in Germany. Growing up in former Eastern Germany, he also lived in the US and Australia. Karsten started trading Futures and Options at a young age and eventually turned his passion into his profession. He regularly speaks at conferences and appears as a frequent guest on business channels, such as Bloomberg and CNBC.

Sonia Schulenburg, PhD, CEO and Founder, Level E Limited Sonia Schulenburg is the CEO and founder of Level E Limited, Royal Society of Edinburgh Enterprise Fellow and Research Associate at the Centre of Intelligent Systems and their Applications at the School of Informatics, University of Edinburgh. Sonia holds a PhD in Artificial Intelligence from the University of Edinburgh and a BEng in Computer Engineering (Honours, summa cum laude) from Instituto Tecnológico Autónomo de México. Sonia has developed both, her technical and business skills concurrently. She holds a Professional Certificate in Accounting from University of California, San Diego and a Postgraduate Degree in Corporate Strategy and Finance from Napier University, where she graduated with Distinction in both. Sonia was the Co-Founder and Partner in West Coast Fisheries in California before moving into the Investment Banking market with Accival, the Financial Group of BANAMEX, one of Mexico's largest financial conglomerates, where she headed up the Innovation Department from 1995. It was here that Sonia began to carefully articulate her vision of a more intelligent and disciplined approach to financial trading. After completing her PhD, Sonia was a Senior Research Fellow and Principal Investigator at Napier University (2000-2004) in the area of Evolving Artificial Traders for Successful Market Trading. In 2005 Sonia successfully completed her Royal Society of Edinburgh Enterprise Fellowship with the launch of Level E. From 2006 she has raised over GBP £2 million to fund Level E's research and development of MAYATM, a smart, fully automated trading platform. Academically, Sonia has over a dozen contributions in published book chapters, international conference proceedings and has been linked to the Santa Fe Institute since she completed the Fellowship in Computational Modelling and Complexity. She has a collection of invited presentations, workshops and tutorials internationally. Sonia is a member of Editorial Boards and Committees of International Journals and Conferences in the areas of Evolutionary Computation and Computational Finance such as IEEE Evolutionary Computation, Task Force on Finance and Economics, the International Workshop of Learning Classifier Systems (IWLCS), the Genetic and Evolutionary Computation Conference (GECCO), the Congress on Evolutionary Computing (CEC), Bio-Inspired Computing: Theories and Applications (BIC-TA) amongst others.

Andy Shaw, Managing Partner, Links Risk Advisory Andy Shaw is Managing Partner at Links Risk Advisory, a boutique risk consultancy that advises clients on hedge fund and derivatives risk. He has over 13 years experience on the cutting edge of trading and risk management, having traded and structured counterparty credit risk at 3 top US institutions. Career highlights include managing the global Counterparty Credit Trading desk at Merrill Lynch, building Morgan Stanley's credit margining model for their hedge fund prime brokerage business and being part of the first counterparty credit trading desk on Wall Street at JP Morgan. He has managed some of the biggest and most complex derivative risks on the trading floor and advised up to CEO level on how to manage them. Links currently advises clients on hedge fund risk, portfolio risk and derivative risk, serving both buy and sell side risk practitioners.

Claire Smith, Partner and Research Analyst, Albourne Partners Limited Claire Smith is a Research Analyst and Partner with the hedge fund advisory firm Albourne Partners, based in Geneva. Albourne consults to investors with over $200bn invested in hedge funds worldwide. Her specific responsibility is quantitative equity strategies, which takes in equity market neutral, statistical arbitrage, convertible arbitrage and volatility arbitrage funds. Prior to joining Albourne in 2004, Claire ran her own consulting business providing hedge fund research to London-based funds of funds as well as editing and writing finance industry trade journals. From 1986 to 1998 Claire was employed at various UBS group companies as a derivatives sales person, marketer and structurer. Career highlights include initiating a synthetic warrants issuance program at SBC in 1994, becoming head of European convertible sales at SBC in 1995 and head of investor derivatives marketing at UBS in 1996. Claire started her career at Chase Manhattan Bank after completing a Masters program in Chemical Engineering at Imperial College London.

Darran Specter, PhD, Investment Analyst, Cardano Dr Darran Specter PhD, CFA joined Cardano in May 2009 as an investment analyst, with responsibility for the research of quantitative systematic hedge funds. He also conducts quantitative analysis of hedge funds, private equity and real estate investments and assists with risk modelling and portfolio construction. Prior to joining Cardano, Darran spent four years in the quantitative research team of NewFinance Capital/Schroders where he performed top down and bottom up quantitative analysis of hedge funds and hedge fund portfolios. He also helped with the selection of CTAs and systematic strategies. Darran has a PhD in Electrical and Electronic Engineering from Imperial College, London. Cardano is a specialist provider of Solvency Management and Risk Management services to European pension funds. Cardano's main service in the UK is Solvency management (i.e. the management of a pension fund's funding level). In the UK Cardano work with a range of discretionary and advisory pension fund clients.

Karim N. Taleb, PhD, Principal, Robust Methods LLC Karim N. Taleb, Ph.D., is the Principal of Robust Methods LLC, an advisory and research firm specializing in tactical asset allocation and absolute returns strategies. Dr. Taleb oversees all operational and strategic aspects of the firm including research, risk management, trading, and computing systems. Prior to founding Robust Methods, Karim worked 5 years in the semi-conductors industry for Applied Materials. A CFA Charterholder and Cornell University graduate, Karim's formal training is in the areas of Operations Research, Industrial Engineering, & Applied Statistics. Dr. Taleb's academic research has culminated in landmark publications earning him widespread recognition and over 325 scholarly citations.

Alessandro Usseglio Viretta, Founder & Managing Director, In Numero LLC Alessandro is founder and managing director of In Numero LLC, a company specializing in the design, testing, and deployment of machine-learning-based algorithms for statistical arbitrage. He has consulted for Oliver Wyman in London, where he was involved in projects with major European financial institutions, and has 15 years experience in modeling and simulation of stochastic dynamical systems including neural, genetic and biochemical networks, and of financial time-series. He holds a degree in Physics and a PhD in Neuroinformatics from the Swiss Federal Institute of Technology in Zurich.

Henri Waelbroeck, PhD, Vice-President, Director of Research, Pipeline Trading Systems Henri has over 20 years experience finding solutions to complex problems. He earned his PhD at the University of Texas at Austin in 1990. He worked at the Institute of Nuclear Sciences for 10 years, where he earned a tenured position as Associate Research Professor and published over 40 articles in peer-reviewed journals in Theoretical Physics and Complex Systems Science. In 1997 he co- founded Adaptive Technologies, Inc which created and sold the world's first agent-based quantitative analysis system able to identify and exploit predictability bubbles. Henri joined Pipeline shortly after its launch in 1999 where he helped create systems that enable traders to confront the challenges of an increasingly complex marketplace. He is currently focused on Pipeline's Algorithm Switching Engine, designed to provide optimal integration of block trading with access to dark liquidity interceptor pools and retail-sized markets to reduce information costs in executing large trades.

Paul Wilmott, Founder, Wilmott Associates Paul Wilmott is the leading resource for the Quantitative Finance community on the web with active users comprised of both practitioners in investment banks and academics involved in research and teaching. Paul is a researcher, consultant and lecturer in quantitative finance. He is well known through his textbooks, Derivatives and recently Paul Wilmott on Quantitative Finance (published by Wiley). He is one of the most widely read quantitative finance authors, particularly popular for his ability to present complex subjects in an accessible and often humorous way. The Financial Times called him a "cult derivatives lecturer."