Hints and tips:
...Millennium’s investment approach focuses on four areas: relative value fundamental equity, equity arbitrage, fixed income and quantitative strategies....
...The Financial Times revealed last month it was in talks to put billions of dollars to work with its smaller rival Schonfeld Strategic Advisors....
...In March 2020 Schonfeld Strategic Advisors was rocked by the market turmoil unleashed by the pandemic....
...It’s not a passive approach where someone is going to be able to arbitrage it away,” he added. Neuberger Berman debuted its first three ETFs in April this year....
...When Donald Sussman started trading convertible bonds in the 1960s, he convinced his boss to buy him a $2,000 Friden calculator that could divide to six decimal places in a near-instant....
...“It’s a perfect environment,” said a person close to New York-based Linden Advisors, a convertible arbitrage specialist that has gained more than 12 per cent so far in 2020....
...PJT Partners and the Dubai-based advisory group deNovo Corporate Advisors struck an agreement to work together on cross-border transactions for clients in the region, Bloomberg reported....
...Convertible arbitrage involves purchasing a mispriced convertible bond (long position) and simultaneously short-selling a calculated number of shares of the stock....
...In addition, the fund has added new powers allowing the manager to engage in cross-market arbitrage, futures-to-cash arbitrage, coin lending and leverage....
...Mr Yesilhark was among a team of four that joined Carmignac in January 2014 following the closure of SAC Capital Advisors hedge fund in London, part of Carmignac’s expansion plans in the UK....
...“Investing methods that were obscure back in the early days, such as distressed debt investing or convertible arbitrage, are now well known....
...Following a discussion, in which the Board of Directors provided its advisors with guidance on resolving the open issues with the Silver Lake/Warburg Pincus Consortium and requested that its advisors update...
...He joins from FundQuest Advisor....
...Related links: Manufacturing arbitrage with ETFs – FT Alphaville Double trouble in TVIX – FT Alphaville Pimco & ETFs: a fairytale – FT Lex...
...India’s Finance Ministry had been investigating a 2010 purchase by Wal-Mart of $100 million in convertible debentures from the retail arm of Indian conglomerate Bharti Enterprises Ltd....
...AQR, for example, is turning away investors interested in its $1.5bn multi-strategy arbitrage fund and its $2.6bn diversified arbitrage fund as demand for both now exceeds their capacity....
...” - In which Meredith Whitney does “state arbitrage”. (?) - Why is it a rental and not a loan?, tyres edition. - Ryan Avent on Fed comms: “it isn’t remotely clear why the talk is of tapering....
...Hired by the Wall Street firm Gruntal & Co in 1978 to an arbitrage desk that looked for low-risk profits to be made between different securities, he chafed at the need to minimise risk when so much money...
...This year alone, hedge fund managers such as Palmer Square Capital Management, Hagin Investment Management, Rock Maple Services, and Whitebox Advisors have new launches....
...“Statistical arbitrage, quantitative arbitrage, equity market neutral, delta neutral, and long short equity discretionary are all meant to have very little exposure to the market....
...“There is a game played on Wall St called information arbitrage, everybody wants the edge....
...Building on core expertise in strategies such as managed futures, convertible arbitrage, and market neutral products, AQR added diversified arbitrage and managed futures mutual funds, as well as non-traditional...
...Mr Treger stepped in with a deal to swap the loan for a convertible bond, effectively gaining a controlling stake....
...● Matrix Group and Lazard Asset Management have teamed up to create the Matrix Lazard Opportunities Fund, an absolute return vehicle that will focus on convertible arbitrage and special situations or...
...Similarly, Mr Ross has doubts about Mr Aldous’s desire for a wider range of ETF-based hedge fund strategies – particularly liquid arbitrage strategies....
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