Jonathan Kinlay is a quantitative researcher and hedge fund manager. He is founder and CEO of Systematic Strategies, LLC, a systematic

hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as ...

that deploys

high-frequency trading High-frequency trading (HFT) is a type of algorithmic financial trading characterized by high speeds, high turnover rates, and high order-to-trade ratios that leverages high-frequency financial data and electronic trading tools. While there is no ...

strategies using news-based algorithms. Kinlay was the founder and General Partner of the Caissa Capital hedge fund, whose

volatility arbitrage In finance, volatility arbitrage (or vol arb) is a term for financial arbitrage techniques directly dependent and based on volatility. A common type of vol arb is type of statistical arbitrage that is implemented by trading a delta neutral po ...

strategies were developed by Kinlay's investment research firm, Investment Analytics. Caissa, which managed $400M in assets, was ranked by

FIMAT {{Infobox company , name = Fimat , logo = FimatTagline.jpg , logo_size = 180px , type = Subsidiary , company_slogan = , foundation = June 1986, , location = Paris, France , key_people = Patrice Blanc ( Chairman) Françoi ...

as the top performing fund in its class in 2004. Kinlay went on to establish the Proteom Capital, whose

statistical arbitrage In finance, statistical arbitrage (often abbreviated as ''Stat Arb'' or ''StatArb'') is a class of short-term financial trading strategies that employ mean reversion models involving broadly diversified portfolios of securities (hundreds to thousa ...

strategies were based on

pattern recognition Pattern recognition is the automated recognition of patterns and regularities in data. It has applications in statistical data analysis, signal processing, image analysis, information retrieval, bioinformatics, data compression, computer graphic ...

techniques used in DNA sequencing. Kinlay was formerly Global Head of Model Review at the US investment bank

Bear Stearns The Bear Stearns Companies, Inc. was a New York-based global investment bank, securities trading and brokerage firm that failed in 2008 as part of the global financial crisis and recession, and was subsequently sold to JPMorgan Chase. The c ...

. Kinlay holds a PhD in economics and has held positions on the faculty of

New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin. In 1832, ...

Stern School of Business The New York University Leonard N. Stern School of Business (commonly referred to as NYU Stern, The Stern School of Business, or simply Stern) is the business school of New York University, a private research university based in New York City. ...

Carnegie Mellon University Carnegie Mellon University (CMU) is a private research university in Pittsburgh, Pennsylvania. One of its predecessors was established in 1900 by Andrew Carnegie as the Carnegie Technical Schools; it became the Carnegie Institute of Technology ...

and Reading University. Kinlay is a regular conference speaker and writer on investment research, hedge fund investing and quantitative finance. Kinlay was a member of England's chess team that won gold in the World Student Olympiad in Mexico in 1978 and won the British Under-18 Chess Championship in 1973. He is the son of Fleet Street editor

James Kinlay James Kinlay (17 October 1926 – 8 June 2010) was a Scottish journalist and assistant editor of the Sunday Express, where for thirty years he was the right-hand man of the late editor in chief John Junor. As features editor he worked with celeb ...

and father of British actress

Antonia Kinlay Antonia Kinlay is a British / American actress and voiceover artist. She is a graduate of the Royal Academy of Dramatic Art Her TV credits include playing Sarah Shadlock in ''Strike'' for BBC / HBO and ' The Royals' for E! She played Revlon ...

Education

In 1979, Kinlay earned his MS in Statistics at University of Sheffield. Then later earned his MBA major in Finance and Financial Management Services at London Business School, year 1995. In early 2005, he earned his latest degree of PhD in economics at Bristol University.

Research and publications

*"Metal Logic", in ''

Seeking Alpha Seeking Alpha is a crowd-sourced content service for financial markets. Articles and research covers a broad range of stocks, asset classes, exchange-traded funds (ETFs), and investment strategies. Unlike other equity research platforms, insight ...

'', August 23, 2016 *"Trading The Presidential Election", in ''Seeking Alpha'', July 27, 2016 *"Beating Amazon", in ''Seeking Alpha'', July 25, 2016 *"Crash Proof Investing", in ''Seeking Alpha'', July 22, 2016 *"Developing A Volatility Carry Strategy", in ''Seeking Alpha'', July 15, 2016 *"Investing In Leveraged ETFs - Theory And Practice", in ''Seeking Alpha,'' May 5, 2015 *"Creating Robust, High-Performance Stock Portfolios" in ''Seeking Alpha '', Jul 31 2014 *"Enhancing Mutual Fund Returns With Market Timing" in ''Seeking Alpha '', Jul 17 2014 *"How To Bulletproof Your Portfolio" in ''Seeking Alpha '', Jul 10 2014 *Interview with Jonathan Kinlay on Systematic Strategies in ''Active Trader Magazine'', Nov 2010 *"Long Memory and Regime Shifts in Asset Volatility" in ''The Best of Wilmott 1: Incorporating the Quantitative Finance Review'' Wiley, 2004, *''Sicilian, Keres Attack'', BT Batsford, 1981, *''Market Timing and Return Prediction, Investment Research Report'', Vol 1, Issue 1, 2001 *''Modelling Volatility: The State of the ARCH'', Investment Research Report, Vol 1, Issue 2,2001 *''Estimating the Forward Term Structure'', Investment Research Report, Vol 1, Issue 3, 2001 *''The Returns to Risk Arbitrage'', Investment Research Report, Vol 1, Issue 3, 2001 *''Long Memory in Financial Markets'', Investment Research Report, Vol 2, Issue 1, 2002 *''Detecting Regime Shifts'', Investment Research Report, Vol 2, Issue 1, 2002 *"Long Memory and Regime Shifts in Asset Volatility", Wilmott, Jan/Feb 2003Wilmott.com

References

{{DEFAULTSORT:Kinlay, Jonathan Living people English chess players New York University faculty Carnegie Mellon University faculty Year of birth missing (living people)