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billion;" in 2014 the high was $ 429.3 billion for the entire year and also set a record. New event-driven hedge funds were launched for example, New York–based
Kellner had launched event-driven hedge fund, Capital with Chris Pultz and California-based Omni Partners launched event-driven investing funds such as Omni Event Fund with John Melsom as chief investment officer. Melsom noted that by 2015 there was a lot of consolidation in the healthcare sector especially in pharmaceuticals which gave "exceptionally wide spreads." President
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94:"...helped gains from drug maker Valeant Pharmaceuticals' $ 11 billion acquisition of specialist drug maker Salix Pharmaceuticals; AbbVie’s acquisition of cancer biotech company Pharmacyclics for $ 21 billion; and also the decision by US pharmacy benefit manager UnitedHealth to buy rival Catamaran for $ 12.8 billion."
85:
According to James Elliot at Alan Davis Wealth
Management, about 60% of event-driven hedge funds' year-to-date gains...making it the strongest contributor by a large margin." According to Dealogic, by August health care mergers and acquisitions (M&A) were up 42%, with "an all-time high of $ 422.8
53:. In more recent times market practitioners have expanded this definition to include additional events such as natural disasters and actions initiated by shareholder activists. However, merger arbitrage remains the best-known investment strategy within this group.
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Event-driven investing "lost on average 1.4 percent in 2015" making them the poorest performers in 2015 despite a record year of mergers and acquisitions partially because funds over purchased only the largest corporate deals.
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90:'s US healthcare reforms led to regulatory uncertainty in healthcare. James Elliot's Event Fund returned 34.9% from January through June 2017,
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that seeks to exploit pricing inefficiencies that may occur before or after a corporate event, such as an
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There are a variety of strategies that may be used to profit from different corporate events:
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210:"Event-Driven Hedge Funds Are The 'Worst Disappointment,' Says K2"
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165:"Event Driven Investment Strategies - Hedge Fund Strategies"
330:
Merger
Arbitrage: How to Profit from Event-Driven Arbitrage
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236:"Healthcare injects life into event-driven hedge funds"
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893:Alternative investment management companies
870:Standards Board for Alternative Investments
56:This strategy was successfully utilized by
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774:Taxation of private equity and hedge funds
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261:"Omni Partners launches Omni Event Fund"
234:Eschenbacher, Stefanie (7 August 2015).
134:
143:"Understanding Event-Driven Investing"
474:fixed-income relative-value investing
307:"An Introduction to Merger Arbitrage"
7:
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191:"Event Driven Investment Strategies"
950:. You can help Knowledge (XXG) by
355:"Event-driven investing explained"
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359:westchestercapitalmanagement.com
314:westchestercapitalmanagement.com
327:Kirchner, Thomas (2009-07-01).
189:Spink, Mal (24 February 2020).
372:Jones, Chris (February 2007).
263:. Hedgeweek. 16 September 2013
116:(also known as risk arbitrage)
16:Hedge fund investment strategy
1:
105:Event-driven investing events
748:security characteristic line
208:Hu, Bei (15 November 2015).
736:Capital asset pricing model
455:Capital structure arbitrage
1023:
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538:Commodity trading advisors
195:MergerArbitrageLimited.com
883:
875:Managed Funds Association
819:High-net-worth individual
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333:. John Wiley & Sons.
712:Arbitrage pricing theory
374:"Event-Driven Investing"
283:"Event Driven Investing"
169:Merger Arbitrage Limited
824:Institutional investors
717:Assets under management
542:managed futures account
378:thehedgefundjournal.com
849:Sovereign wealth funds
621:High-frequency trading
470:Fixed income arbitrage
102:
20:Event-driven investing
691:Structured securities
507:Distressed securities
479:Statistical arbitrage
465:Equity market neutral
460:Convertible arbitrage
119:Convertible Arbitrage
99:Hedgeweek August 2015
809:Financial endowments
754:Fundamental analysis
502:Shareholder activism
484:Volatility arbitrage
123:Distressed investing
24:Event-driven trading
942:This article about
923:List of hedge funds
913:Hedge fund managers
829:Insurance companies
814:Fund of hedge funds
722:Black–Scholes model
636:Proprietary trading
611:Algorithmic trading
578:Fund of hedge funds
287:www.eurekahedge.com
31:investment strategy
779:Technical analysis
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557:Long/short equity
533:Convergence trade
517:Special situation
340:978-0-470-50811-4
81:Healthcare sector
60:and profiled in "
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238:. Financial News
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145:. Barclay Hedge
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66:Michael Lewis
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62:The Big Short
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35:earnings call
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1002:Stock market
952:expanding it
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676:Fixed income
552:Global macro
494:Event-driven
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381:. Retrieved
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290:. Retrieved
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240:. Retrieved
214:. Retrieved
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173:. Retrieved
171:. 2019-06-26
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147:. Retrieved
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997:Hedge funds
903:Hedge funds
666:Derivatives
661:Commodities
616:Day trading
526:Directional
425:Hedge funds
267:19 December
242:19 December
216:19 December
212:. Bloomberg
47:acquisition
991:Categories
944:investment
858:Governance
432:Investment
383:2022-12-06
292:2022-11-10
175:2019-06-27
129:References
39:bankruptcy
28:hedge fund
792:Investors
442:Arbitrage
434:strategy
97:—
654:Markets
645:Related
604:Trading
72:History
51:spinoff
726:Greeks
671:Equity
337:
149:May 8,
43:merger
946:is a
769:Short
759:Hedge
740:alpha
647:terms
571:Other
310:(PDF)
88:Obama
64:" by
49:, or
26:is a
948:stub
744:beta
700:Misc
335:ISBN
269:2015
244:2015
218:2015
151:2010
22:or
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