Monday, 22 September 2014
Last updated 21 min ago
Dec 14 2006 | 11:10am ET
Hewlett, N.Y.-based commodity trading adviser UBO Inc. this month launched the Strategic Asset Management CTA program, a discretionary strategy, and is also looking to either launch its TimeWarp strategy, a systematic, intra-day trading system, in-house, or find a home for it within a larger CTA or hedge fund.
The DKASS Fund focuses its trading on the major futures indices as well as the wheat, corn and oil sectors. “It can be both a swing trading or intra-day program depending on the strength of the market,” said founder Jef Rotblut. “It looks for pinpoint entries in an effort to minimize time in the market while allowing for maximized gains.”
The fund charges a 2% management fee and 25% performance fee with a $500,000 minimum investment requirement.
“The TimeWarp program is an intra-day-only system that It has traded only 148 of the potential 241 trading days in 2006 , and the uniqueness of the strategy is that it is picky as far as entries go,” said Rotblut, who is currently shopping the program to larger CTAs and hedge funds. He said he was surprised at the number of responses he has gotten since posting a request for proposals for TimeWarp on the Albourne Village Web site, but said that there was no deal imminent at press time.
Prior to founding UBO, Rotblut served as a prop trader for Opus Trading and GreenTree Capital Markets.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.