The event driven strategy is having a mixed year. Many believe there will be considerable opportunities on the event driven side in the future. But at present the strategy is struggling. However, the flexibility of the strategy and the skills of managers should overcome problems.
Frederic Babu, co-fund manager of the Natixis Constellation European Events Fund at Natixis Asset Management, describes his fund as a pure European event driven fund. It goes into merger and arbitrage situations, restruc