By the end of January 2011, IKOS is managing $2.3 billion, representing an increase of 56% year-on-year.

IKOS has also announced that its IKOS FX Fund has received the 2010 EuroHedge Award for the best fund in the Commodities & Currency category. This is the 6th award received by IKOS for its different strategies from EuroHedge alone in the firm’s 19 year history, which has been led by Founder and CEO, Elena Ambrosiadou.

All IKOS strategies enjoyed a highly successful 2010 led by the IKOS FX Strategy that returned 26.3%, along with the firm’s IKOS Futures, which achieved 22.8 % and the IKOS Hedge at 7%.

The IKOS FX fund was also ranked 4th out of 100 funds in the annual Bloomberg survey, “The 100 Top-Performing Large Hedge Funds”.

Ambrosiadou commented: “I am delighted by our performance and growth during 2010. All our strategies exhibited a positive year and all our teams demonstrated clear focus and determination.”

“I am looking forward to another exciting year with asset and team growth internationally as we actively target selected geographies and investor categories. Firm-wide staff growth is expected to be 15% and we project USD $3 billion in assets under management by the end of 2011.”