Merger arbitrage hedge funds bank on M&A resurgence

Watching the spread

mergarb-radiotelescope

A notable up-tick in corporate deal-making in the first quarter is fuelling expectations of better returns for merger arbitrage funds over the coming months.

Global mergers and acquisition (M&A) volume hit $809 billion in the first three months of 2011, up 28% from $634 billion a year ago, according to data from Dealogic.

US deal volume grew an astonishing 62% to $329 billion from $204 billion in the first quarter of 2010, while M&A activity in Asia-Pacific (excluding Japan) and Europe was up 31%

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 indvidual account here: