New merger arb fund indicates improving economic conditions
January 11, 2011
A new merger arbitrage UCITS hedge fund has been launched by a PineBridge in a year that is expected to feature buoyant M&A activity.
The PineBridge Merger Arbitrage Fund launched on 22 December 2010 and invests in publicly announced merger and acquisition transactions.
Lan Cai managing director of PineBridge Investments
Thomas Sandell, founder of Sandell Asset Management, which launched a merger arbitrage strategy last year, said that he expected M&A activity to grow because companies have a lot of money on their balance sheets (see...
The full contents of this article are available to active Absolute UCITS subscribers and trialists only.
TAKE A FREE TRIAL
To continue reading please, take a free trial or subscribe to Absolute UCITS.
Subscribers have unlimited access to all current content, including UCITS fund performance Live League Tables. Start your subscription today - click on the button below.