Saturday, 23 August 2014
Last updated 14 hours ago
Jan 4 2007 | 11:19am ET
Gregg Sciabica, an independent equity trader since 1999, has teamed up with John Joseph, a CTA and founder of the SEMA4 Group, to form Abelian Capital Management. In its first four months of trading, the firm’s Abelian Global Diversified program returned 10.20%.
Sciabica, who has been focusing on futures trading over the last few years, said he and his partner share similar views on trading. “John and I both have the same mechanical style of trading, so when we got together there was a lot of overlap in what we were doing,” he said.
The Global Diversified Program is a multi-strategy product traded across a diverse range of markets on both domestic and international exchanges. “We took a very broad portfolio and created an algorithm to balance the risk across the entire portfolio,” said Sciabica. “What that has done is create a smooth return stream and we’re excited about what we’re doing and believe that 2007 will be an extension of what we started.”
Sciabica added that the SEMA4 Group is still actively trading.
The program charges a 3% management fee and 20% performance fee with a $1 million minimum investment requirement.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note