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Merger Arbitrage: How to Profit from Event-Driven Arbitrage Thomas Kirchner
Publisher: Wiley

Thomas Kirchner – Merger Arbitrage How to Profit from Event-Driven Arbitrage Thomas R. Relative value strategies are arbitrage transactions that seek to profit from the spread between two securities rather than from the general market direction. A detailed look at an important hedge fund strategy. By James Williams – Athos Capital is a new merger arbitrage hedge fund founded by portfolio manager Matt Moskey, trader Erik Senko and former COO of Black's Link Capital, Fr. According to Mihaylo's calculations, INTL could be worth $28 after a recap, which is 5.6% more than shareholders would receive in the merger. Below please find a definition of “Merger Arbitrage Fund” Merger Arbitrage Fund: Trading the stocks of companies that have announced acquisitions or are the targets of acquisitions. Seeks to exploit deviations of market prices Event Driven Hedge Fund Strategy Below please find a definition of "Event Driven Strategy" Event Driven Strategy: An approach that seeks to anticipate certain events, such as mergers or corporate restructurings. AIM: Describe the underlying characteristics, sources of returns and risk exposures of various hedge fund strategies including: Event-driven and merger arbitrage. Relative value strategies include merger arbitrage, convertible bond arbitrage, fixed income arbitrage, mortgage backed arbitrage and capital structure arbitrage. Chapter 1 of the book Merger Arbitrage: How To Profit From Event-Driven Arbitrage by Thomas Kirchner. Most smaller event-driven funds in Asia are skewed towards softer catalyst opportunities: the firms that tend to really focus on risk arbitrage in Asia are global funds looking to deploy assets to the region. Available at Amazon, Barnes & Noble, Borders and other booksellers.