Rob has authored over seventy refereed articles including for journals such as the Financial Analysts Journal, the Journal of Portfolio Management and the Harvard Business Review He has received five Graham and Dodd Scrolls or Awards, awarded annually by the CFA Institute (formerly AIMR) for the best articles of the year, and declined a sixth award during his tenure as Editor. He was awarded two Bernstein-Fabozzi/Jacobs-Levy awards, by the Journal of Portfolio Management and Institutional Investor. In 2002, he joined forces with PIMCO, serving as a sub-advisor, to offer the first global asset allocation product to make active use of alternative markets, beyond conventional stocks, bonds and cash. He previously developed quantitative asset management products and teams as Chairman of First Quadrant, LP, as Global Equity Strategist at Salomon, President of TSA Capital Management and as Vice President at The Boston Company.

Shay Badie joined Deutsche Bank in 2001 and is currently the Head of CEEMEA Local Rates and FX Derivatives within the Emerging Market Structuring Group. Shay is responsible for developing structured products and derivative solutions for liability management by clients both in CEEMEA and externally (with CEEMEA exposures). His role also includes structuring asset products with CEEMEA underlying risk embedded in them for distribution to investors across the world. Prior to Deutsche Bank, Shay was a Research Associate at Imperial College of Science, Technology and Medicine. Shay holds a PhD in Multiphase Fluid Systems and a 1st class MEng (honours) degree in Chemical Engineering & Management, both from Imperial.

Ms. Baranova is a partner in charge of business development at Kazimir Partners. She joined Kazimir Partners in August 2006 from the Blackstone Group, where she had been a portfolio manager and hedge fund analyst within the fund of funds group since May 2000. Ms. Baranova’s responsibilities included hedge fund evaluation, selection and monitoring, fund-of-funds portfolio construction and management, and managing the investment team in the London office since late 2002. Prior to Blackstone, from 1996, Ms. Baranova co-managed a portfolio of emerging market debt and currencies at Schooner Asset Management. She joined Schooner from Scudder, Stevens & Clark in Boston, where she had been a research analyst in the Emerging Market Bond Group. Ms. Baranova attended the St. Petersburg State University and graduated from Northeastern University in Boston with a BS in Finance. She is a CFA charterholder.

CCLA provides the largest and widest range of common funds for the charities, churches and local authorities. The company has £4.5 billion under management, and provides Socially Responsible Investment (SRI) and corporate governance services to a further £5bn. The company is owned by its customers and manages the first common fund created for the charity market in 1958. Before joining CCLA in November 2006, James was the Chief Investment Officer at Abbey. Prior to Abbey, James was Chief Investment Officer for Barclays Stockbrokers and Barclays Personal Investment Management, having joined BZW in 1988, following post graduate research in applied economics and asset allocation at Cambridge University.

Praveen Bhandari joined Deutsche Bank in 2000 and co-heads the Emerging Markets CEEMA Structuring Group, a team of 20 professionals spanning London, Moscow, Dubai and Mumbai. Praveen's team is a a multi-product structuring group focusing on products with underlying Emerging Market risk or that are transacted with clients based in the EM region. The business encompasses a wide range of products, including Structured Financing, Real Estate Financing, Securitisation, Leveraged/Acquisition Finance, Illiquid Assets, A&L Management, Index and Fund Derivatives, CDOs, Structured Credit Products, Structured Local Rates and FX Products, Islamic Finance, Tax Management, etc. Prior to Deutsche Bank, Praveen has worked with the International Finance Corporation as an Investment Analyst covering the South Asian region and with KPMG in the Assurance Practice. Praveen has an undergraduate degree in Commerce and Economics from Mumbai University, is a qualified Chartered Accountant and has an MBA from Indian Institute of Management, Ahmedabad, India.

Jean-Dominique Bütikofer, CFA, is responsible for the Emerging Markets Fixed Income team at UBP Asset Management in Zürich. He runs the UBAM Emerging Markets Bond Funds, UBAM Turkish Income Fund and is deputy of the Local Emerging Markets Bond Funds. Before joining UBP, Mr. Bütikofer was Head of the Emerging Markets Fixed Income team and Senior EM Fixed Income Manager at Julius Baer Asset Management. He joined Julius Baer in 1998 as fund manager of the Julius Baer Emerging Markets Bond Funds. Previous experience includes a few years as an Emerging Market Bond trader for UBS Zurich and a period as a junior investment advisor at UBS Private Banking. Overall, he has in excess of 12 years professional experience within the banking and investment industry. Mr. Bütikofer holds a degree in economics from the University of Neuchâtel, Switzerland, and is a CFA charterholder.

Stephen Cohen joined Troika Dialog in 2005 to help set up the Troika Russia Fund and to build Troika’s asset management capabilities in London, where he is based, as a Managing Director of Troika Dialog (UK) Ltd.. He is overall responsible for Troika’s hedge fund business, a member of the Oversight Committee for the Troika Russia Fund and responsible for all business development and client service outside Russia. Prior to joining Troika, he was CEO of Putnam Investments for the EMEA region. Stephen has over 25 years’ experience in asset management, including 19 years with Mercury Asset Management, where he was appointed a Managing Director in 1989. He has started, managed and led asset management businesses in Europe, Asia and the USA, with a wide range of responsibilities. He has been investing in Emerging markets since 1981 and managed Japanese and global equity investment teams for over 9 years. Stephen is a Fellow of the Securities Institute in London and holds an MA in Physiology from Oxford University. He is registered CF27 with the FSA in the UK.

Mr Colglazier is responsible for the management of the emerging market debt and emerging market debt/high yield hybrid portfolios at Standard Bank. Previously, Mr. Colglazier was the Head of Global Fixed Interest for First State Investments in London. His initial role at First State Investments was Director of Fixed Income in Hong Kong in 1999, where he managed both global and Asian regional fixed income monies. Prior to joining First State, Mr. Colglazier was the Investment Director of Fixed Income for Global Asset Management (GAM) in Singapore and London. Before GAM, he was a Managing Director at Chase Manhattan Private Bank in Geneva and Vice President/Chief Investment Officer at Chase Manhattan Private Bank in Hong Kong. Mr. Colglazier has also been a fund manager with Guinness Flight Global Asset Management in London and started his career with Putnam Investments in Boston, USA. Mr. Colglazier has a Bachelor of Arts in History and Government from Georgetown University in USA and a Master of Philosophy in International Relations from Cambridge University.

Deborah A. Fuhr, Managing Director, heads the Investment Strategies Group at Morgan Stanley based in London. The unit is responsible consults with institutional investors and writes on the implementation and strategy on the use of Delta 1 products - including Exchange Traded Funds (ETFs), OPALS (Optimised Portfolios As Listed Securities), certificates, swaps, futures, TOPAS, Index Funds, out-performance trades, securities lending and yield enhancement trades. The group publishes quarterly reports on global ETF industry, ETF short interest, ETF options and futures and the ETF Global Tracking Monitor. It produces reports on specific trade ideas: performs customised analysis for clients critiquing and comparing the various costs of implementing asset allocation strategies using Delta 1 products: publishes quarterly guidebooks on global ETFs, index futures and options, swaps and certificates, OPALS, TOPAS and Sharaih Index Funds. For three consecutive years, Morgan Stanley has been ranked first for Exchange Traded Fund Research in Europe, Asia, Africa and North America in a global survey conducted by both International Fund Investment and ExchangeTradedFunds.com. In 2007, Ms Fuhr won an award for the Greatest Overall Contribution to the development of the Global ETF industry in 2006. In 2006, the organisations honoured Ms Fuhr for meritorious service to the ETF Industry. The award recognized her as one of the early strategists to cover exchange traded products, specifically for her work on OPALS and ETFs. In addition, the Greenwich Associates survey of institutional investors in Europe in 2002 - 2006, ranked Morgan Stanley first for ETF strategy. Ms Fuhr has been assisting clients with the implementation of Delta 1 solutions for over 10 years. She is on the International Advisory Committee (IAC) of the Cairo and Alexandria Stock Exchanges (CASE) in Egypt and on the Editorial Board of the Journal of Indexes Prior to joining Morgan Stanley, Ms. Fuhr was an Associate at Greenwich Associates a financial service consulting firm. She has an MBA from the JL Kellogg Graduate School of Management, Northwestern University, and Bachelor of Science from the University of Connecticut.

Grigory D. Gankin – was born December, 1, 1966 in Moscow. He graduated from the Chemistry-Technological Faculty of the I.M.Gubkin Moscow Institute of Oil and Gas in 1988. In 1993 he finished the internal postgraduate study of the I.M.Gubkin State Academy of Oil and Gas. He is a Ph.D in chemistry. He started career as an individual investor in Russian derivatives market in 1994. In 1995-1996 he was an executive director of the Joint-Stock Company "Balchug Capital Corporation". In 1996-2000 he was a partner, a member of Executive Board, trader, controller of the Joint-Stock Company "OTKRITIE Brokerage Company". In 2001-2006 he worked as an asset manager in CQG Inc., Moscow. He works at Moscow Interbank Currency Exchange since September 2006.

Prior to founding Pharos Financial Group in 1997, Mr. Halloran was the principal contributor toward building the CS First Boston equity and fixed income brokerage businesses in Russia and the CIS. He has been a leader in the development of the Russian capital markets since their inception in 1994, bringing more than $8 billion to the markets through debt, equity and private placements including Russia's first local IPO and more than $2 billion of privatization initiatives. In addition to his activities with Pharos, from 2000-2002 he held a stake in and served as Chairman of Aton Capital Group, a leading investment bank in Russia which has since been acquired by Unicredito. Prior to this, while at CSFB in Moscow from 1995-1997, Mr. Halloran managed a $300 million proprietary trading account and was directly responsible for all equity trading, research and sales with more than 30 professionals under his direct supervision in Moscow, London, New York and Kiev. During his tenure CSFB became the top-rated broker as measured by research ranking, trading volume and profitability. Mr. Halloran has also acted as adviser to Soros Fund Management. Mr. Halloran has lived in Moscow since 1995. Prior to that he worked for 10 years in New York with CS First Boston, Salomon Brothers and Morgan Grenfell. Mr. Halloran is a graduate of Yale University (B.A. 1984)

Jonathan Hausman is Head of Emerging Markets Fixed Income at the Ontario Teachers' Pension Plan (OTPP). He was previously Executive Director at Goldman Sachs in London where he managed the firm's sovereign risk strategy and advised government clients on their external financings and international credit ratings. His clients included the Republic of South Africa, the Republic of Korea and the People's Republic of China. Since joining OTPP in 2004 he has built a large and diverse portfolio of public and private emerging market debt, making the fund a significant player in these markets globally. Mr. Hausman also advises the fund on its other strategic investments in emerging markets. Before beginning his career in international finance Mr. Hausman worked as Special Assistant to the Premier of the Province of Ontario. He holds a Masters of Science from the London School of Economics and a Masters of Public Administration from Columbia University's School of International and Public Affairs. Mr. Hausman is a native of Toronto.

Professor Tom James has been involved in energy and commodity markets since 1989 and is an internationally known business architect, leading market analyst, and trader in the commodity sector within top tier financial institutions. He is currently Head of Commodity Trading for the firm Liquid Capital (www.liquidcapital.com). Before joining Liquid Capital in July 2007 he was acting as an advisor to numerous energy firms in Asia and Europe and prior to this he held positions as Director for the Commodity Derivatives Groups at the Bank of Tokyo Mitsubishi, Director of Traded Energy Markets at Credit Agricole Indosuez and as Asia Pacific Regional Head for Commodity Derivatives at Credit Lyonnais (Singapore).

Amaury holds a PhD from MIT in Engineering and Applied Mathematics and an MSc and BSc from PUC Rio. Prior to Vision Brazil, his professional experience has included: (1) Founding Partner and CIO of Capitania Asset & Risk Management; (2) Managing Director, Head Trader, and Treasurer for Bank of America in Brazil; (3) Head of Brazilian FX and Derivatives Market Making and Head of Brazilian Fixed Income at JP Morgan in Brazil; (4) G7 Proprietary Trading, Mortgage Backed Securities Strategy, Derivatives and Advanced Technology Research at JP Morgan in New York; and (5) consultant in mathematical modeling and numerical algorithms for Thinking Machines Corporation, a US supercomputer manufacturer, and for several large US oil and gas companies. In addition to his professional activities, he conducts research as Professor of Risk Management at FGV in Sao Paulo. Amaury holds patents in the field of financial data visualization, and has published articles in international journals and financial magazines. Amaury is currently a member of the Monetary Policy Committee of ANDIMA, the National Association of Securities Dealers in Brazil

Richard Kang has been active in both institutional and individual asset/risk management for over twelve years with extensive experience in multi asset class mandates as well as strategies applying the use of passive instruments. Richard spent six years with a Toronto based investment firm whose services for institutional investors focused on various hedge fund strategies. Subsequently, Richard built and managed the investment management subsidiary of a private wealth firm. In 2002, Richard co-founded an investment firm managing long-only GAA mandates for private investors and short-only “beta filtering” overlays for multi-strategy hedge funds/FOFs. In addition to running his firm, Richard was retained by a FOFs for two years as its Chief Investment Officer. He currently writes a blog, The Beta Brief (www.thebetabrief.com).

Mr. Kronfol has over 11 years of relevant experience in financial services including a 3 year track record in regional (MENA) fixed income markets and founding roles in 3 start up businesses. Prior to committing to Algebra Capital, Mohieddine was the Head of SHUAA Capital's Debt Asset Management Department as well as the Fund Manager of The Arab Income Fund (TAIF). TAIF traded emerging market and exotic debt as well as local and foreign currency debt in the MENA region. Mohieddine was also Head of SHUAA Capital's Capital Markets department where he managed investments globally in FX, commodity, interest rate and equity markets, including related cash, futures and options securities. Prior to joining SHUAA Capital in August 2000, Mohieddine was a Senior Associate at Middle East Capital Group (MECG), a Beirut based investment bank with a regional focus. Mohieddine sits on the investment committee of the Alpha Mena Fund and is a Director of the Al Raed Fund, North of South Capital's Sharia compliant emerging market hedge fund. Mohieddine holds a Bachelors degree in Business Administration and an MBA from the American University of Beirut.

Ziad Makkawi is the Founder and Chief Executive Officer of Algebra Capital an Emerging Markets Asset Management firm with a geographic focus on the Middle East, North Africa, GCC and Emerging Asia (“MENASIA”). Algebra Capital is incorporated in the Dubai International Financial Center (“DIFC”) and regulated by Dubai Financial Services Authority (“DFSA”). Mr. Makkawi has over the last 20 years held top positions at international and regional investment banks and financial institutions, starting with JP Morgan in New York (1986) and Elf Aquitaine in Geneva (1990), then moving to the Middle East to co-found Lebanon Invest (1995), and the Middle-East Capital Group, the region’s first merchant bank with a pan-Arab focus in 1996. Mr. Makkawi moved to the UAE in 2000 as Executive Managing Director of Shuaa Capital, a UAE based Investment Banking institution where he built from scratch, and ran the financial services business encompassing Capital Markets; Asset Management; Brokerage; and Research. His last position prior to founding Algebra Capital was as Chief Executive Officer of Dubai Bank, one of the UAE’s youngest and most dynamic banks. At Dubai Bank he spearheaded the bank’s foray into Investment Banking, Asset Management and Islamic Banking. Ziad Makkawi is a pioneer and leader in the development of regional investment banking and asset management. He has executed a large number of investment banking transactions and launched some of the region’s most innovative and successful investment funds. He has, and continues to serve on the board of many financial services companies as well as funds. Current Board positions include: Vice Chairman of Capital Management House (Bahrain), Board member and head of the Investment Committee for National Bonds Corporation (UAE), a Shari’ a compliant savings institution, as well as several regional funds. Mr. Makkawi holds a Masters in International Affairs from Columbia University, an MBA in Finance from NYU Stern School of Management and a BA from Rice University

Managing Director (Ph.D. London Business School 1998). Carolina joined GSAM in May 2000 in the Institutional Client Research and Strategy Group. In November 2000 Carolina joined the Global Fixed Income and Active Equity teams to manage the global balanced product. In December 2001, she joined the Quantitative Resources Group and became responsible for Quantitative products in Europe and Asia ex-Japan. Prior to joining GSAM, Carolina worked at JP Morgan Investments in the Strategic Investment Advisory Group. Carolina received a BA in Economics from Université Libre de Bruxelles and a Masters in Finance from Université Catholique de Louvain, and a PhD in Finance from the London Business School.

John M. Nykaza is Head of International Sales & Trading of OTKRITIE Financial Corporation. Mr. Nykaza is head of the business division engaged in providing investment services on Russian and international securities and derivatives markets. Prior to joining OTKRITIE FC, Mr. Nykaza worked as a Floor Trader CME and CBOT 8 years trading futures and options including Yen options, Swiss Franc options, 30 year Bond and 10 year note options. Mr. Nykaza designed and traded pricing models for emerging markets arbitrage between government debt and currency futures in Russian Ruble and Mexican Peso. Mr. Nykaza was formerly Vice President for Trading Technologies International where he designed and built a high performance global trading network for electronic trading with access points in Chicago, Frankfurt, London, New York, Singapore and Tokyo.

Will Oswald joined JPMorgan in April 2005 as Global Head of Emerging Markets Quantitative Strategy and Head of CEEMEA Strategy. Prior to joining JPMorgan, Will was Head of EEMEA Rates Strategy and External Debt Relative Value at Deutsche Bank, where he covered external debt and local markets in all Emerging Market regions — Asia, LatAm and EEMEA. At Deutsche Bank, Will helped develop the fixed income strategy on Asian markets in Singapore in 1997, managed the local markets strategy team for LatAm and global external debt relative value strategy in New York in 2002, and retained responsibility for global external debt relative value strategy with further coverage of interest rate strategy for the EEMEA region in London in 2004. Will holds a Masters degree in Philosophy, Politics and Economics from Oxford University.

Tushar Patel is Managing Director and Investment Manager at Hedge Fund Investment Management Ltd (‘HFIM’) a London based fund of hedge funds Investment Manager. He manages the HFIM Evolution Funds, a range of funds of hedge funds focused on investing in emerging and newly established hedge funds. HFIM’s investment approach is to capture returns from new and emerging hedge fund strategies that can come from innovation and evolution within the global hedge fund industry. Tushar has more than 12 years' experience in the management of funds of hedge funds and single-strategy hedge fund managers. Prior to HFIM, he worked at GAIM Advisors, Sabre Fund Management, Tachibana Securities and Prudential Bache. He is a qualified Chartered Accountant, a Fellow of the Securities Institute, an alumnus of the London Business School and an Associate member of the U.K. Society of Investment Professionals. He holds an honors degree in Economics and Quantitative methods.

Mr. Pierre is the head of sales and trading at Bulltick Capital Markets in Miami, FL. In this position he focuses on equities, futures and options and making recommendations regarding equities derivatives and long-short strategies for Bulltick clients located in the US and Latin America. Prior to joining Bulltick Capital Markets, Mr. Pierre was an Equity Trader within Asset Management at Banco Itaú S.A, in São Paulo. In this position he was responsible for trading Brazilian stock index positions and managed their volatility. He developed options strategies for the derivative funds and made cash and carry arbitrages as well as controlled long-short positions and fixed income strategies. Mr. Pierre also specialized in Local Fixed Income and Money Market within the Treasury Desk. He was responsible for managing liquidity and the local interest rate book (Fixed Income and Inflation).

Marlies is lead manager of the Baring Emerging Markets Absolute Return Fund, one of the first long/short emerging market quantitative funds to be made available to investors. She is head of the Investment Process Team, which is responsible for quantitative research. Marlies joined Baring Asset Management in 2003 from Newton Investment Management where she was a Quantitative Strategist, responsible for initiating the development of quantitative equity research. During her tenure at Newton she chaired the Quant Focus Group and was a member of the Tactical Sector Overview Committee.