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Kathryn Latti has joined Kinetic Partners as a consultant in the area of forensics and corporate recovery.
Her areas of specialty include managing investigations, large-scale fraud engagements, insolvencies, and other litigious situations.
Prior to joining Kinetic Partners, Latti spent two years with PricewaterhouseCoopers’ investment management assurance practice.
Latti is a Certified Public Accountant licensed in the state of New York and earned a M.S. in Business Administration with a concentration in accounting at the University of Colorado.
Kinetic Partners New York offers forensic investigations, operational risk consulting and regulatory and compliance guidance to the global asset management industry.
Kinetic Partners
In December, the stock market ended the year with another gain of 1.93 per cent and implied volatility of 21.68 per cent was at its lowest level since May 2008, according to a report by Edhec Risk Institute.
With a remarkable annual return in 2009 of 26.5 per cent, the S&P Index recovered half the losses of the disastrous previous year which saw a loss of 37.0 per cent.
On the bond market, regular bonds registered their first loss since February, down 1.63 per cent, but remained at a higher level than their pre-crisis peak of February 2008.
On the
Financial services firm Capstone Holdings Group has hired Heiko Ebens as global head of research.
Ebens (pictured) joins Capstone after seven years at Merrill Lynch, where he last served as a managing director and head of global equity derivatives research overseeing a 15-member team.
Ebens’ team built the firm’s research-driven structured product platform which raised USD13.6bn in assets.
“Drastic changes in volatility have brought our expertise to the fore, and the need to produce high quality idea generation and product offerings is paramount. We are very excited to have Heiko join us as it marks a significant step forward
Panthera Solutions, an alternative investment consultancy in Monte Carlo, is offering its European customers premium access to the world’s most renowned hedge funds.
Until now, investing in top managers was almost impossible for smaller insurance companies, regional banks and HNWIs.
Unattractive cost ratios and unreachably high minimum investment hurdles banned this group from accessing the best.
Panthera Solutions has opened the gates for this group and is offering cost-efficient access to managers such as John Paulson, Brevan Howard and DE Shaw.
Instead of common minimum investment hurdles between EUR5m and EUR25m, Panthera Solutions enables investors to buy the top managers
Gain Capital, a provider of online trading services, has launched a foreign exchange trading platform that provides qualifying financial institutions, hedge funds, CTAs, high frequency traders, broker/dealers and high net worth individuals access to FX liquidity sources.
Gain’s GTX trading platform is a fully anonymous trading environment that offers direct access and trade execution capabilities via streaming prices or request-for-stream with a transparent view of both price and order book depth.
The company’s two main solutions are GTX Prime to Prime, for companies with pre-existing credit with a prime broker, and Gain Capital Direct Prime, for those without pre-existing relationships.
Over 70 per cent of AlphaClone’s 3,100 simulated hedge fund clone portfolios beat the S&P 500 market index in 2009, with over half outperforming by ten percentage points or more.
Leveraging the publicly disclosed stock picks of the world’s top hedge fund managers, AlphaClone created a series of passive investment strategies that seek to systematically capture alpha typically only available to high-net-worth investors.
These cloning strategies performed particularly well in 2009 compared to the US market, as represented by the S&P 500.
The year’s best-performing single fund clone was the Eagle Value Partners clone, which garnered a total return of
Deutsche Bank’s London-based prime brokerage platform has obtained a Type 1 SAS 70 certification.
The certification was completed by PricewaterhouseCoopers and provides an independent assessment of Deutsche Bank’s internal processes and controls.
The scope of the SAS 70 also incorporated Deutsche Bank’s asset segregation platform, Deutsche Bank Integrated Prime Custody.
SAS 70 allows service organisations to disclose their control activities and processes to their customers.
Anthony Byrne (pictured), Deutsche Bank’s co-head of European prime finance and global head of securities lending, says: “We are proud to be taking a leading position on the effectiveness and transparency of our control environment
The Alternative Investments Conference organised by the London School of Economics private equity society and financial markets group has attracted unprecedented interest among students and financial institutions with over six top-level students competing for each place available.
Despite the fact that the global economy and the financial markets are still recovering from the crisis, interest from top universities and business schools worldwide is stronger than ever.
2009 was marked by one of the worst financial crises since the Great Depression, challenging investors’ confidence in many ways, and having a knock-on effect on recruitment campaigns by asset management companies across the
Fidessa, a provider of trading solutions for the buy-side and sell-side, has added nine brokerage firms offering US options execution services to its connectivity network.
This follows the launch of Fidessa’s integrated options and equities trading platform for the sell-side in the US in October 2009.
Ballista Securities, Barclays Capital, BofA Merrill Lynch, Citi, ConvergEx Group’s LiquidPoint, Credit Suisse, Goldman Sachs, OnPoint Executions and Penson Financial Services are now all available on the Fidessa network to offer options execution services.
These services encompass high-touch, DMA and algorithmic trading services, and are all fully integrated within the Fidessa options and
Law firm Walkers has appointed Carol Hall as head of its newly-formed investment funds group in Hong Kong.
Hall has more than 17 years’ experience in mergers and acquisitions, corporate finance and investment funds, including 11 years specifically in Hong Kong.
She specialises in hedge funds and private equity funds and has led the development of Walkers’ hedge funds practice in Hong Kong since joining as a partner in 2005.
Hall will be supported in her role by partner Denise Wong who has a focus on hedge funds, private equity funds and all areas of corporate transactions.
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