Active M&A Fails To Lift Event-Driven, Merger Arb. Hedge Funds

May 8 2012 | 10:53am ET

Despite an uptick in mergers and acquisitions last month, hedge funds designed to profit for them failed to do so in a big way.

April saw the most M&A activity since October. But event-driven hedge funds posted some of the worst performances of the month, and merger arbitrage funds also suffered losses.

Event-driven funds lost 0.64%, according to the Dow Jones Credit Suisse Hedge Fund Index. Merger arb. funds fell 0.25%, according to Hedge Fund Research. The average hedge fund lost about one-third of a percent in April.


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Artivest Announces Funding Round Led by KKR & Co.

May 4 2015 | 9:56am ET

Artivest, a startup that provides individual investors with access to private equity...

Guest Contributor

Starting a ‘40 Act Fund Family? Don’t Forget Your Board

Apr 30 2015 | 7:18am ET

The convergence of the hedge fund and mutual fund worlds continues unabated, as...

 

Editor's Note