After several years of underwhelming corporate activity, mergers and acquisitions (M&A) is predicted for a comeback in 2014, with new deals evidencing a resurgence in arbitrage opportunities as the year looks set to be a strong one for takeovers.
Arbitrageurs buy shares of the firm being acquired and short the shares of the acquirer. But a downturn in deals saw many hedge funds exit the strategy, and also witnessed large outflows from other merger arbitrage products. According to financial data c
The week on Risk.net, July 14–20, 2017Receive this by email