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Ikos Co-Founder Sues Hedge Fund Over Software Copyrights

Martin Coward, the co-founder of Ikos Asset Management Ltd., sued his estranged wife’s businesses in a U.K. court over ownership of copyrights to computer software that runs the hedge fund’s trading platform.

Coward was the “architect” of the “bedrock of the family business,” he created with Elena Ambrosiadou, his lawyers said at the start of a three-week trial in London today.