Merger arbitration going strong
L'Agefi
January 10, 2019
by Fabrice Anselmi
L’Agefi reports that while the price of stocks, oil and credit fell in 2018, hedge funds pursuing merger arbitrage strategies performed well. The article notes that while the M&A market is forecast to slow down in 2019, Anne-Sophie d’Andlau, co-founder of CIAM, predicts that it will “not in Europe where defensive strategies are needed against American and Chinese players". The article also highlights CIAM’s strong performance in 2018.
