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

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.