Elena Ambrosiadou is the founder of IKOS Asset Management and one of the world’s most successful hedge fund managers.
She co-founded the company with her former partner Martin Coward, a Cambridge-educated mathematician.
They created a hedge fund that uses data and statistics to make investments. She has a reported net worth of $400 million and is considered one of Britain’s most successful entrepreneurs. She is the owner of the sailing yacht MALTESE FALCON.
|NET WORTH||$400 million|
|SOURCE OF WEALTH||IKOS Asset Managemetn|
Elena Ambrosiadou’s NETWORTH
Ambrosiadou has an estimated net worth of $400 million. She owns several houses, which include a condominium in London. She is the owner of the MALTESE FALCON, which was built for Tom Perkins.
The sailing yacht is one of the largest in the world and was built by Perini Navi in 2006. The innovative yacht is striking with smooth lines and rigging designed by DynaRig. She fell in love with the yacht after chartering the yacht.
Ambrosiadou stated that the sailing yacht’s purchase was an enterprise rather than for personal pleasure, thanks to the high charter price the yacht can claim. Ambrosiadou is also the owner of a private jet.
Ambrosiadou is a trained chemical engineer and found success while working for BP. She became the company’s youngest-ever senior international executive at 27.
Ambrosiadou is Chairman and CEO of IKOS, which includes several branches like IKOS FX Fund, which trades in currency futures, and IKOS Futures Fund, a systematic global macro fund.
Ambrosiadou began working on IKOS as a sideline to her business career, but it quickly grew by 50% in two years, and she decided to pursue it full-time.
She entered the hedge fund industry when it “was still in its maverick adolescents.” IKOS means home in Ambrosiadou’s native tongue.
Ambrosiadou founded IKOS Asset Management with her ex-husband Martin Coward. He was the “architect of IKOS’s unique trading structure.”
Coward is a Cambridge-educated mathematician who began his career by applying statistics to earthquake patterns.
He moved on to work with Goldman Sachs and developed computer models that analyzed price behavior. His next career move was partnering with Ambrosiadou on IKOS.
The company is a hedge fund manager with a head office in Cyprus. IKOS began as a foreign exchange trading account.
The company’s backbone has always been “complex mathematical models, and computer wizardry were the keys to success in an electronic marketplace.”
The company follows trading strategies based on mathematical modeling, using statistical and factor analysis.
It also uses multiple time horizon effects, where investments are held until they are needed. IKOS boasts excellent long-term results. The company is currently valued at $1 billion.
Ambrosiadou was married to Martin Coward. The couple’s divorce led to a bitter court battle over the $1 billion company.
Ambrosiadou’s other passions include the Oxford Philomusica Orchestra, telling The Sunday Telegraph that “Being a business person means you understand the nature of sacrifice, integrity and balance.”