Event Driven Investor
Contributor's Links: Merger Arbitrage Limited

I manage a successful Merger Arbitrage (Risk Arbitrage) investment fund using 6 variants of the traditional merger arbitrage strategy each with their own unique characteristics. These variants combine to reduce correlation with the broader market making this fund an ideal complementary ... more

ALL CONTRIBUTIONS

Merger Arbitrage Spread Performance - Feb. 24, 2019
This is the analysis and performance review of the top 20 US based cash merger arbitrage spreads for the week 19th-22nd February. Included in this week's report are the winners, losers and overall performance of the portfolio.
Read

Comments

Latest Comments
Why Merger Arbitrage Hedge Funds May Have It Made In 2019
1 year ago

"They also look for activism outside the U.S. to grow this year, presenting even more catalysts for M&A activity." - This I definitely agree with.

Unfortunately M&A activity does not always translate into profitable merger arbitrage. However, a significant driver for opportunites to profit from merger arbitrage will originate from market volatility. Cash spreads had become extremely tight during the first quarter of the year. Whereas they have now widened to more attractive levels following market turbulence. See here for more current info https://mergerarbitragelimited.com/spreads/

1 to 1 of 1 comments

STOCKS I FOLLOW

ACIA Acacia Communications, Inc.
ADSW Advanced Disposal Services, Inc.
AXE Anixter International Inc.
BITA Bitauto Holdings Limited
BREW Craft Brew Alliance, Inc.
CBB Cincinnati Bell Inc.
EE El Paso Electric Co.
FIT Fitbit, Inc.
FSCT ForeScout Technologies, Inc.
IOTS Adesto Technologies Corporation
KEM Kemet Corporation
LM Legg Mason Inc.
LOGM LogMein, Inc.
MEET Quepasa Corp
PTLA Portola Pharmaceuticals, Inc.
RRGB Red Robin Gourmet Burgers Inc.
SRNE SORRENTO THERAPEUTIC
TECD Tech Data Corporation
TIF Tiffany & Co.
WMGI Wright Medical Group Inc.
Load More

TWEETS

PERSONAL BLOG

Latest Posts

Work Experience

Trader/ Investment Manager
Merger Aribitrage Limited
June 2007 - Present (13 years 4 months)

I design, back-test and produce a walk-forward analysis of quantitative strategies using a combination of R, Visual Studio & VBA. 

Secondly, I program these strategies into an automated system combining advanced techniques in both Excel and R. 

Lastly, I monitor the strategies as part of a continuous feedback loop to improve performance. 
Client account performance is monitored using Microsoft Excel to aid and assist in client reporting.​

Quantitative Trading Developer/ Risk Manager
Santa Barbara Quantitative Strategies
2006 - 2007 (1 year 7 months)

Strategy modeling for a mid-sized hedge fund. 
Continued improvement and strategy adjustment for existing portfolio 
Risk management

Senior Trader
FCT (Europe) Ltd
2001 - 2006 (5 years 7 months)

Derivatives trader using a proprietary in-house trading system operating on a variety of European exchanges.
Created profitable semi-automatic excel based stat-arb pairs trade using European based futures.
This incorporated principles of strategy analysis and risk management.

Senior Derivatives Trader
Nordic Options
1999 - 2001 (2 years 7 months)

Options market maker on the OMX, LIFFE, Eurex and ISE exchanges whilst based in London. 
Transferred to New York to train new employees and set up a new operation trading on the ISE.​

Education

London Metropolitan University
MSc Financial Markets & Derivatives
1998 / 2000
Quantitative Methods, Financial Engineering, Derivatives Valuation, Portfolio Theory

Publications