Paris-based hedge fund manager, Bernheim, Dreyfus & Co, has rolled out a new UCITS fund with a mergers and acquisitions focused strategy.
The UCITS-compliant version replicates the event-driven Diva Synergy fund and is regulated by the Autorité des marchés financiers – the French financial regulator. The leveraged share classes of the fund gained more than 27% last year, exploiting the increase in M&A activity during 2010.
Amit Shabi from Bernheim, Dreyfus & Co
Amit Shabi, partner at Bernheim, Dreyfus & Co, expects the volume of M&A activity will continue to rise through 2011 creating an exceptional range of investment opportunities.