UBO Launches Discretionary Fund, Looks For TimeWarp Buyer

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.


In Depth

Fitch Says Alternative Asset Managers 'Stable' Despite Dry Powder

Nov 20 2014 | 9:30am ET

Ratings agency Fitch says the outlook for seven publicly traded alternative asset...

Lifestyle

Cohen Buys $101 Million Sculpture

Nov 12 2014 | 9:17am ET

Steven Cohen was the sole bidder for a rare Alberto Giacometti sculpture at Sotheby...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.