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Alternative Market Briefing

Fledgling CTA achieves annual return of 35% since 2006

Wednesday, March 02, 2011

amb
Philipp Pölzl
By Beverly Chandler, Opalesque London:

Based in Liechtenstein and Austria, Qbasis Invest, with just $45m under management, has recently emerged as a top three performer in the fiercely competitive managed futures and CTA space, with a compound annual return since inception in March 2006 of 35.35%. Indeed, 2008, the year of doldrums for many, saw Qbasis return 145%.

The team behind Qbasis is founder and head Florian Wagner, co-founder, Philipp Pölzl and Ziad Chahal, head of system development. In an exclusive interview with Opalesque, Pölzl explained that they originally got together in 2002. “We started researching different trading strategies in managed futures as part of a private trading club.” By 2005, the team had set up a company to start to offer their system to outside investors, launching their offshore fund in 2006.

Qbasis is based entirely on a systematic trading system which employs two different strategies: a breakout trend following over 100 futures markets which represents 70% of the portfolio and the remaining 30% uses a swing reversal counter trend strategy which trades 80 markets.

Pölzl says: “We believe in diversification. We trade all the liquid and tradeable futures markets that are available to us and we apply our systems without any changes in rules or parameters in all futures markets. For example we do not optimise for stock market behaviour because we believe a robust strategy will work in all markets.”

Qbasis has arrived at its ......................

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