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hedgeweek.com September 08, 2020

Trium Capital Appoints Event-driven Equities Specialist Tej Johar

Trium Capital appoints event-driven equities specialist Tej Johar Submitted 08/09/2020 - 3:59pm Alternative asset manager Trium Capital has hired experienced hedge fund manager Tej Johar. Johar, who joins Trium after extensive experience running successful event-driven strategies for a range of top tier hedge funds, will be responsible for developing and overseeing Trium's event-driven equity strategies, as the firm continues to broaden its range of uncorrelated solutions. Johar joins from Man GLG, where he ran a European long/short event-driven equity portfolio. Before joining Man GLG, he was CIO of Broad Bridge Capital, where he also ran an event-driven equity alternative strategy.
Read by 32% of LPs

funds-europe.com April 30, 2020

Event-driven Hedge Funds Harness Beta To Outperform

Event-driven hedge funds, recently seen as laggards in the hedge fund world, have outperformed since the last week or March, according to market data from asset manager Lyxor. The data is relevant as event-driven strategies were recently seen to lead losses during the first quarter, according to earlier analysis by HFR. However, Lyxor said event-driven strategies outperformed in the last week of March and continued to be solid" through April. Merger arbitrage, for example, returned 3.8% during the month-to-date April 21, according to analysts at Lyxor writing in 'The Weekly Brief' published April 27.
Read by 52% of LPs

hedgeweek.com April 28, 2020

Event-driven Hedge Funds Set To Outperform In April, Says Lyxor

28th Apr 2020 - 9:43am Event-driven hedge funds set to outperform in April, says Lyxor Submitted 28/04/2020 - 9:43am The market rebound since 23 March has fuelled strategies with a higher market beta such as Special Situations (+3.8 per cent) and Directional L/S (+1.7 per cent), according to the latest Weekly Brief from Lyxor's Cross Asset Research team. The former has nonetheless cut its market beta during the selloff and thus lagged the recovery in risk assets. Market Neutral L/S is the only strategy in negative territory month-to-date (-0.9 per cent), a strategy on which we maintain an Underweight stance.
Read by 61% of LPs

hedgeweek.com May 21, 2019

Event Driven, Asia, Emerging Markets Hedge Funds Are Big Asset Winners In April And Ytd

Investors around the world have had a strong appetite for event driven, Asia and emerging markets hedge funds, moving almost USD14 billion year-to-date (YTD) into these funds while overall investor redemptions from the hedge fund industry continue, according to the just-released eVestment April 2019 Hedge Fund Asset Flows Report.
Read by 41% of LPs

bloomberg.com October 12, 2017

Event-driven Hedge Fund Melqart Plans To Stop Taking New Money

Melqart Asset Management (UK), a London-based hedge fund started by Michel Massoud, is preparing to close its fund to new money after assets rose to more than $600 million, according to a person familiar with the matter. Assets at the firm's multi-strategy event-driven fund have "grown to the extent that we anticipate closing the fund to new investments shortly," Melqart said in an investor letter seen by Bloomberg News. The Melqart Opportunities Fund has gained 18 percent this year through September, more than double the 8.1 percent return of event-driven funds on average, Eurekahedge data show.
Read by 40% of LPs

fa-mag.com July 19, 2017

Hedge-Fund Revival Quickens As Event-Driven Trades Prosper

Hedge funds betting on takeovers and company re-organizations are once again attracting investment in Europe amid the continent’s best start to a year for deal-making since 2014. Kite Lake Capital Management almost doubled client assets this year, while Everett Capital Advisors nearly tripled its funds since launching in January 2016. The money overseen by Melqart Asset Management has grown 12-fold since the firm started less than two years ago.
Read by 32% of LPs

hedgeweek.com June 26, 2017

Global Macro Dives On Long Energy Positions

The first half of the year has seen a sharp divergence in returns between Event Driven and Global Macro strategies. These dynamics were also at play last week and so far this month, with Event-Driven extending gains and Macro funds underperforming. Interestingly, the the very same configuration occurred as of end-June 2016.
Read by 52% of LPs

valuewalk.com June 23, 2017

Hedge Fund Industry Returns Positive For 7th Month In A Row

With five months of 2017 in the books, the $3 trillion hedge fund industry continues to look mostly positive on the surface. The majority of products are producing positive returns, and the average positive return has outweighed the average loss, but returns based on recent allocation trends have likely left some investors disappointed. The theme of less than fortunate results for 2016/17 fund flows continued into May. Event driven funds, a segment which has lost significant investor capital in the last two years, are among 2017 industry performance leaders. Macro strategies, particularly the industry’s largest which have also recently been...
Read by 79% of LPs

fa-mag.com June 19, 2017

Hedge-Fund Revival Quickens As Event-Driven Trades Prosper

Hedge funds betting on takeovers and company re-organizations are once again attracting investment in Europe amid the continent’s best start to a year for deal-making since 2014.
Read by 41% of LPs

hedgeweek.com June 13, 2017

Lyxor Reports Mixed Fortunes For Hedge Funds In May

Hedge fund performance was mixed across strategies in May, according to the latest date released by Lyxor, with Event Driven funds extending their winning streak, while Macro strategies underperformed on the back of long positions on the USD and hard commodities.
Read by 76% of LPs