Strong performance

Event strategies, including merger arbitrage and distressed securities, continue to show robust performance in the three years to the end of August, with an average gain of 43.4% during the period, according to Standard & Poor's Micropal. The worst average drawdown is now 18.9% over the three years.

Charles McNally of Lyster Watson says: "The event driven category is really an amalgam of several other sub-categories, including distressed securities, reorganisation, block positioning

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: