The Cheyne European Event Driven Fund's mandate is hard event driven with a focus on mergers and acquisitions (M&A). Within this mandate 75% of the fund's portfolio is concentrated on Europe and the other 25% is focused elsewhere. Portfolio manager Simon Davies underlines that Asia is left alone as the fund's team has no specialist knowledge of the region.
The 25% of the fund's mandate to be invested freely typically focuses on trading in the US, South Africa and Australia for historical reasons
The week on Risk.net, December 2–8, 2017Receive this by email