6 Jul 2011
IKOS, the systematic hedge fund manager based in Cyprus, has launched an open-ended UCITS III compliant fund based on its award winning IKOS FX Program. The DB Platinum IV IKOS FX Fund is an open-ended UCITS III compliant fund gaining exposure to a notional basket of foreign exchange transactions via an OTC swap transaction with Deutsche Bank.
The fund has 18-20% volatility with a 14 year track record as a component of a diversified futures programme and 11 years as a stand alone fund. Its main focus is to trade G10 currencies using robust mathematical modelling, including statistical analysis, factor analysis, and exploitation of multiple time horizon effects in a disciplined investment process.
The fund launched in Luxembourg on July 1 with seed capital. It is being marketed to investors through dollar and euro share classes.
The Fund’s shares earn a total return comprising the performance of the Strategy (modified to comply with UCITS regulations and certain additional restrictions) and an interest return at the applicable benchmark rate minus a spread of 0.50% per annum on their nominal amount. The sum of the relevant Benchmark Rate and the related Spread is floored at 0%.
IKOS has a 45 person strong technical team comprised of 18 Ph.Ds and 24 NFA principles and/or associated persons, which is expected to grow by 20% in 2011. The firm managed $2.3 billion at June 30. It operates a global infrastructure with research, execution and/or management sites in Cyprus, London, New York, Tokyo, Vienna and Frankfurt.
Elena Ambrosiadou is the CEO of IKOS and a co-founder. She has over 28 years professional experience, including 20 as a hedge fund manager.
The fund has 18-20% volatility with a 14 year track record as a component of a diversified futures programme and 11 years as a stand alone fund. Its main focus is to trade G10 currencies using robust mathematical modelling, including statistical analysis, factor analysis, and exploitation of multiple time horizon effects in a disciplined investment process.
The fund launched in Luxembourg on July 1 with seed capital. It is being marketed to investors through dollar and euro share classes.
The Fund’s shares earn a total return comprising the performance of the Strategy (modified to comply with UCITS regulations and certain additional restrictions) and an interest return at the applicable benchmark rate minus a spread of 0.50% per annum on their nominal amount. The sum of the relevant Benchmark Rate and the related Spread is floored at 0%.
IKOS has a 45 person strong technical team comprised of 18 Ph.Ds and 24 NFA principles and/or associated persons, which is expected to grow by 20% in 2011. The firm managed $2.3 billion at June 30. It operates a global infrastructure with research, execution and/or management sites in Cyprus, London, New York, Tokyo, Vienna and Frankfurt.
Elena Ambrosiadou is the CEO of IKOS and a co-founder. She has over 28 years professional experience, including 20 as a hedge fund manager.
