Monday, 1 June 2015
Last updated 8 hours ago
Dec 15 2009 | 5:17am ET
One of the most prominent husband-and-wife teams in the hedge fund industry is no more. Martin Coward, who co-founded quantitative hedge fund shop IKOS Asset Management with his wife, has left the firm.
Coward, who served as chairman and chief investment officer of the firm he helped set up 17 years ago, plans to start his own hedge fund.
“I have decided to leave Ikos to recreate my vision of a research focused team with talented, experienced professionals,” Coward told Albourne Partners. “I plan to establish a smaller investment management company to manage family and other assets.”
Elena Ambrosiadou, Coward’s wife and the head of IKOS, told the Daily Telegraph, “Martin is serving up to 12 months’ notice with further agreement and goodwill.”
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…