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

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…