London firms IKOS and Alpha Strategic announce collaboration on revenue sharing agreement

Opalesque Industry Updates - IKOS Asset Management Limited (‘IKOS’), one of the leading European quantitative hedge fund managers, and Alpha Strategic plc (‘Alpha’, ‘Alpha Strategic’), the AIM listed hedge fund investment group, announced a business collaboration augmenting Alpha’s strategy of building a blended income stream from high quality, low-correlated funds, benefiting investors through instant diversification at low cost, and aiming for capital growth through a transparent listed structure.
IKOS and Alpha Strategic announce that they have signed an agreement whereby Alpha Strategic has acquired Acme Advisors Limited (‘Acme’), a wholly owned subsidiary in the IKOS advisory group. Acme has been incorporated to provide sales and distribution advisory services to IKOS in respect of the IKOS G10 Currency Fund Class (the ‘Fund’), one of IKOS’ flagship funds. For the provision of these services, ACME has an agreement with IKOS to receive 7.2% of IKOS’ aggregate management and performance fees relating to the Fund.
The IKOS agreement follows an earlier transaction with Winton Capital Management Limited in 2006. Alpha Strategic will now enjoy a second, non-correlated revenue stream, which serves to expand and diversify the company’s income base.

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