Stick to what you know

'To thyself be true' could be the main request fund of fund managers make to merger and acquisition (M&A) arbitrage portfolio managers as many have strayed from their chosen field seeking healthier returns in strategies such as distressed debt and other types of arbitrage.

To know what you are buying, says Reza Hadizad, manager of Pioneer Alternative Investments' Pioneer Global Equity Arbitrage fund, it is important investors purchase funds that remain true to their remit.

The temptation for globa