Ex-IKOS Analyst Misses Another Court Date

Nov 14 2012 | 10:57am ET

A former IKOS Asset Management analyst is continuing to make himself scarce in the hedge fund's home jurisdiction.

Vincent Pfister again failed to appear in a Cypriot court to face charges that he stole IKOS' algorithmic trading systems. Already facing a €25,000 fine, Pfister would have faced criminal charges had he appeared, Cyprus Mail reports.

The Cypriot court dutifully set a new hearing date for Jan. 29.

According to IKOS, Pfister admitted that he had downloaded the codes, but he denied that he planned to share them with IKOS co-founder Martin Coward. The case is one of many legal actions surrounding the split of Coward and IKOS chief Elena Ambrosiadou.

A European arrest warrant has been issued for Pfister, who has homes in both France and Britain. But British authorities will not execute the warrant without fingerprint information.


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note