Wealth Management
& Family Offices in Greece

"Obstacles, opportunities and dynamics"

Speakers / Presentations

Speakers of Panels

Coordinators of Panels

Goudinakos Stratos
Harris Fiona
Kavalekas Dimitris
Kontopoulos Yianos
Ladopoulos Athanasios
Tsourinakis Alexandros
Goudinakos Stratos
Vassiliou Anastasios, CFA

Goudinakos Stratos

Chief Risk Officer, ATE Insurance
Goudinakos StratosStratos Goudinakos, a veteran floor trader, has been actively involved in Capital Markets and Finance, Banking/Investment Banking /Asset Management/Insurance for over 20 years.

Started out at London's LIFFE as an options market maker/Director of Investments, built and managed complex derivative portfolios (inter - intra volatility spread structures).

On his return to Greece joined NBG Group, Head Derivatives & Proprietary Trading; managed the desks of market making, arbitrage and sales, set up an international prop desk and was also responsible for hedging the bank's bond book. He, consecutively, moved to NBG's asset management, as Chief Investment Officer.

In succession, participated (partner) in the buyout of an investment company and its extensive restructuring; in addition, developed and started up Ulysses Global Macro Hedge Fund which invested mainly in high grade markets on currencies, bonds, stocks, indices and commodities. Member of Investment Committees in Capital Management; moreover, managing own assets, trading in international derivative markets.

For the last two years he served at ATE Bank’s Board, responsible for Funding and Liquidity. He also sits in a number of Boards for ATE Bank Romania (Audit Committee, President of Risk Mgnt Committee), ATE AEDAK, and ATE Insurance. Currently, he is the Chief Risk Officer of ATE Insurance (Solvency II).

Holds a Diploma in Chemical Engineering of Patras University in Greece, a DBA from Cardiff Business School University of Wales, and an MBA from CASS Business School of City University; also, holds certificates from TEE, SFA and the HCMC in Market Making & Asset Management.
Philosophy, Politics & Economics
Growth in Europe at best is subdued and/or most of the periphery countries are in recession.
It is obvious that there is a serious “political deficit”; ECB is trying through an aggressive monetary policy to fill this gap. Is it enough?
Is overregulation going to minimize systemic risks and guide us to sustainable growth?
Deleveraging in the European Banking Sector and Growth prospects.
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Harris Fiona

Vice President, Client Portfolio Manager, J.P. Morgan Asset Management’s US Equity Group
Harris FionaFiona Harris, vice president, is a client portfolio manager in J.P. Morgan Asset Management’s US Equity Group. An employee since 1997, she is responsible for communicating investment strategy, portfolio information and results to non-US domiciled clients. Previously, Fiona was a client portfolio manager in the firm’s New York office, where she provided support on the mid cap value strategy. She joined the firm as a marketing associate focusing on servicing the needs of clients in the U.K. and continental Europe. She had previously worked in the personal financial planning department of KPMG as a national marketing and communications associate. Fiona holds a B.S. in Marketing from GMIT in Ireland. She holds the Series 7 license.
US equities - where do we go from here
With the strong rally in US equities are valuations still compelling and how can you take advantage of the opportunity in US equities.
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Kavalekas Dimitris

Senior Investment Professional at W Family Office - Gamma Consulting Inc, U.S.A.
Kavalekas DimitrisMr. Dimitris Kavalekas is a Senior Investment Professional at a single family office that he joined in 2009 when the family office was formed. Prior to that, Dimitris was a Senior Investment Professional at Magnum Global Investments - a fund of hedge funds/single family office.

Dimitris’ work focuses on traditional and alternative investments: long-only fixed income and equities, hedge funds, private equity, and real estate. His work also encompasses portfolio construction and management, quantitative research and analysis, and manager and investments selection across asset classes.

Dimitris has also worked on sourcing, negotiating and executing secondary transactions, seeding hedge funds, constructing fund of hedge funds, and working with clients to meet their specific investment requirements and needs.

Dimitris holds a Bachelor’s of Science degree in Mechanical Engineering from Tufts University, a Master’s of Science degree in Fluid Mechanics and an MBA from the University of Miami.
Investment program for the modern family office (how to build a successful program, current trends and opportunities)
The W Family Office is a single family office deploying an Endowment like investment program investing globally across all asset classes. The investment program is managed by an internal team of experienced investment professionals who have full discretion over the assets. The goal is to first preserve and then grow family wealth for future generations.

Some of the issues that will be discussed are the following:
  • How can a Family Office preserve its wealth for future generations?
  • What are the key components of a successful investment program?
  • How can family members be educated and commit to a common goal, defining an investment strategy and executing it well?
  • How can a family office avoid common mistakes such as not becoming too adventurous in direct investments or not having a well-defined investment strategy or paying too much in fees in outsourced solutions without having appropriate transparency or control?
  • What are the latest developments and key trends including the followings:
    - Attempt to build economies of scale by teaming up with other families
    - Build in house teams by hiring experienced investment professionals off banks
    - Hire third party external advisors.
  • How can a family office
    - Define a strategy that suits family’s needs
    - Take a long term approach
    - Build in house team of experienced investment professionals with proper alignment of interest
    - Aim to take advantage of structural inefficiencies in the investment world (e.g. institutions or banks divesting due to regulatory reasons)
    - Reduce all-in fees and pay hedge fund like fees only for truly exceptional managers or clearly asymmetric opportunities
    - Get closer to the underlying assets by doing co-investments or selective direct investments
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Kontopoulos Yianos

Group Chief Investment Officer, Eurobank
Kontopoulos YianosYianos Kontopoulos is managing GAD and he is Eurobank’s Group CIO. He started his Wall Street career in the early 90’s in Salomon Brothers' Emerging Market (EM) division. Subsequently, he joined Merrill Lynch where he was responsible for global Emerging Markets local currency research. In 2002, he became a Managing Director at Merrill Lynch and the firm's chief global foreign exchange strategist, forming and managing a global team. From early 2007 to mid-2009, he was one of the principals and founders of a hedge fund based in NY specializing in systematic strategies. Over the years, Mr Kontopoulos has been a highly ranked strategist, placing in many distinguished surveys (Institutional Investor, FX Week, Emerging Market Investor, Latin Finance, Global Investor and Euromoney); his team won the 2004 Bloomberg "best forecaster" award among 50 financial institutions and he was named the 2005 Banker of the Year by the UK Hellenic Bankers Association. He has also published in academic and business journals and books; he appears regularly on CNBC and Bloomberg to comment on international market developments and express his market views. Mr Kontopoulos holds a Ph.D., an M.Phil., and an M.A. in Economics from Columbia University, and an A.B., magna cum laude, in Economics from Harvard University.
Look Ma, No Hands: Investing in the Global Markets While Eschewing Investment Advice
Imagine a world with no access to (or no desire for) high-level financial advice. How would you then invest in the global markets in a simple, economical fashion while taking advantage of recent advances in portfolio management? In other words, what should a modest (in asset size), cost-conscious, yet ambitious, as well as busy investor do?
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Ladopoulos Athanasios

Managing Partner & CIO of Swiss Investment Managers
Ladopoulos AthanasiosAthanasios Ladopoulos is the Managing Partner and Chief Investment officer of Swiss Investment Managers (SIM) and Chairman of the Directors Dealings Fund (DD Fund). He is a Greek national with over twenty (20) years of professional experience in fund management and equity research. He holds an MSc in Intelligent Management Systems - AI & Neuron Networks - from South Bank University, UK, and a BSc(Hons) in Information Systems Analysis & Design from the North College, Greece. He was more recently the Lead Portfolio Manager of several of ACMH and Xanthus Group's funds and initiated an MBO (Management Buy Out).

Before that he was the Lead Portfolio Manager of Kinetic Special Situations, a London-based event driven hedge funds. Prior to that, he was Head of Research at Claridge Capital hedge fund and a futures trader for First Continental Trading based in London. Mr. Athanasios T. Ladopoulos has also worked for Lazard Capital Markets, where he was Associate Director Responsible for Pan-European TMT equity research. Mr. Athanasios T. Ladopoulos spent the early part of his career at the Abu Dhabi Investment Authority (ADIA) where he shared responsibility for part of their asset allocation and investment activities in Europe. Mr. Athanasios T. Ladopoulos has a solid understanding of Portfolio, Risk, and Money management with a profitable track record.
Equity markets in 2014 - a contrarian view
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Tsourinakis Alexandros

Head of Private Banking Greece, Eurobank
Tsourinakis AlexandrosAlexandros Tsourinakis is the Head of Private Banking Greece for Eurobank. He has worked in the Banking industry for 19yrs, fourteen of them at Eurobank. He started his career at the Dealing Room of HypoVereinsbank Athens, where he traded Fixed Income Securities, Derivatives & Structures for prop and client accounts.

He moved to the Dealing Room of Eurobank in 1999, where he contributed in setting up the Global Sales Group, initially serving Institutional & Corporate clients. His mandate gradually expanded to include the coverage of Shipping accounts in asset & liability management, Private Banking Sales in vanilla OTC & Structured Products as well as Retail Network coverage in vanilla+ propositions for mass campaigns & personal banking clients.

In his current capacity, he manages 80 front, middle office & specialty group staff that serve the Private Banking assets booked in Greece.

Mr. Tsourinakis is an Athens College graduate with High Honors, a holder of a BA in Economics cum laude from Vassar College and an MBA in Entrepreneurship from the University of Louisville with High Distinction. He is married and a happy father of 5yr old twins.
The Day After: Managing growth in Private Banking, again...
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Vassiliou Anastasios, CFA

Global Markets Economist, National Bank of Greece
Vassiliou Anastasios, CFAMr. Vassiliou Anastasios was born in Athens in 1974. He is a Senior Analyst and has the title of Global Markets Economist in the Strategic Planning and Research division of National Bank of Greece (NBG), where he has been working since 2001. Currently he is a Secretary of the NBG Group Investment Committee and supports the NBG Private Banking division with regular reports and research. Previous duties as a Macroeconomic Analyst in the NBG Research division included, but were not limited to, the writing of regular reports as well as undergoing ad hoc research. Moreover, he has experience in business plan preparation of a bank and he has developed several spreadsheet models for the Global economy and markets, as well as the Greek economy, such as a stock-flow model for the Greek Sovereign Debt. He has experience in the stock brokerage sector, as he had worked as an Equity Analyst in Eurocorp SA. He has been a CFA charterholder since 2004 and a certified Market Maker/Trader from the Athens Derivatives Exchange since 2002. He holds a Postgraduate degree (MSc) in Banking and Finance and a Bachelor’s degree in Economics from the University of Piraeus. Mr. Vassiliou is Vice-President of the CFA Society Greece. He is married and lives in Athens.
Coordinator of the 2nd Panel
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