IKOS taps into the US

Statistical arbitrageurs IKOS have added US market capability to their collection of funds, which will enable the existing range to more than double its investment universe and consequently its capacity. Martin Coward, chief investment officer at IKOS, said: 'This marks the completion of a four-year project to extend our data management, forecasting, portfolio construction, risk management and execution systems to a global equity universe. By trading most of the world's liquid stocks over a near 24-hour day we will be able to leverage the efficiency of our systems and gain diversification...