12 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 PhDs 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.
The strategy systematically trades currencies of major developed economies, over timescales ranging from tick-by-tick, through medium-term technical up to longer-term fundamental periods. It employs three families of models: systematic global macro; carry-models and trend-following models. The aim is to benefit from more opportunities, better diversification and smoother returns and generate low correlation with major indices and other funds.
Elena Ambrosiadou is the CEO of IKOS and a co-founder. She has over 28 years professional experience, including 20 years 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 PhDs 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.
The strategy systematically trades currencies of major developed economies, over timescales ranging from tick-by-tick, through medium-term technical up to longer-term fundamental periods. It employs three families of models: systematic global macro; carry-models and trend-following models. The aim is to benefit from more opportunities, better diversification and smoother returns and generate low correlation with major indices and other funds.
Elena Ambrosiadou is the CEO of IKOS and a co-founder. She has over 28 years professional experience, including 20 years as a hedge fund manager.
