Melissa Ko is the Managing Member of Covepoint Capital Advisors, LLC, an investment management firm located in New York City. She also serves as the Chief Investment Officer of its flagship, the Covepoint Emerging Markets Macro Fund. Melissa brings a wealth of knowledge as an emerging markets, macro and currency trader and investor, dating back to the 1990s. She was one of the architects of the financial instrument, non-deliverable forward (NDF), a forward or a futures contract in which the notional amount does not take delivery but rather where the counterparties settle by taking the difference between the contracted rate and the prevailing spot rate at the time of delivery. The NDF was instrumental in providing liquidity for speculators and hedgers in emerging currency markets where local regulations made delivery difficult of impossible.
Melissa Ko earned her Bachelor’s of Science degree in Chemical Engineering, with a minor in Economics, from the Massachusetts Institute of Technology (MIT), before going on to earn her Master of Business Administration (MBA) in Finance from the Wharton School at University of Pennsylvania.
Melissa Ko has extensive proprietary trading experience at various sell-side institutions, including Citibank, ABN-AMRO, Bankers Trust and Deutsche Bank. At Bankers Trust, she served as the Head of the Latin American Currency Desk and at Deutsche Bank, she headed up the Proprietary Currency Trading Unit. In 2005, she shifted to the buyside to launch Covepoint Capital Advisors LLC. In 2013, Melissa transitioned the fund into a family office after returning external money to investors.
Melissa serves as a member of the MIT Corporation Development Committee. Melissa Ko lives in New York City with her husband, Doug Hahn, and their two children.