Sentences with phrase «risk arbitrage»

Brosens spent the 1980s serving as the head of risk arbitrage at investment bank Goldman Sachs, where he was a general partner.

Short - term considerations are always ignored with the exception of risk arbitrage situations.

Prior to founding Lawndale in 1992, he managed the workout and restructuring of high - yield bonds, distressed equities and risk arbitrage securities for First City Capital.

You can make a lot of money doing risk arbitrage where you have to monitor — perhaps 20 deals at any given point of time and be ready to react quickly when odds change.

Consider risk arbitrage strategies for a moment.

Risk arbitrage exists where there are opportunities for profits from situations where there are relatively determinant values to be realized in relatively determinant periods of time.

No attempts are made to predict what near - term market prices will be except for the occasional risk arbitrage investment, such as USG Senior Credits.

Nick Leeson was employed by Barings to profit from low risk arbitrage opportunities between derivatives contracts on the Singapore Mercantile Exchange and Japan's Osaka Exchange.

I did risk arbitrage on an amateur basis for several years, but even though I did well at it, I found that the amount of time it took detracted from my family and work, so I stopped.

I have plenty of individual company stocks in my portfolio these days, but still have a fondness for investment funds (especially those that trade at steep discounts, and / or exploit a preferred trend), and I've broadened my investing scope to include risk arbitrage, event driven / special situations, fixed income and even some natural resource stocks.

It invests in announced risk arbitrage deals and claims to have a global focus.

Money left risk arbitrage, and now returns are more reasonable for the arbs that remain.

Merger or risk arbitrage hedge fund managers aim to benefit from price movements during mergers.

In my view, those securities are limited to the following: a) credit instruments without credit risk; b) derivative securities, including synthetics, warrants and convertibles; and c) pure risk arbitrage situations, i.e., situations where there are relatively determinant price realization events in relatively determinant periods of time.

They include strategies like risk arbitrage, event driven (as above), long / short, life settlements, trading / CTAs, relative value, some forms of distressed debt etc..]

My focus was more towards risk arbitrages, special situations, and cigar butt investing.

It's one thing to try to do risk arbitrage after deal announcements; it quite another to try to predict deals.

For example, I was invested in a particular Risk Arbitrage investment — a Recommended Cash Offer.

Another exception: fixed - income risk arbitrage was, in many cases, wider than that of equity arbitrage... examples from that era: Golden State, Household International and Allfirst, but I digress...

Their business is Arbitrage, including classic Risk Arbitrage.

The Fund may purchase risk arbitrage securities (securities of companies involved in a restructuring) or distressed companies.

(Further, among traders not engaged in risk arbitrage, i.e., situations where there will be relatively determinant workouts in relatively determinant periods of time, the income account is supreme; short - term movements in common stock prices, after all, are likely to be heavily influenced by changes in reported earnings and not influenced at all by changes in book values).

(Risk arbitrage exists where there ought to be a relatively determinate workout in a relatively determinate period of time.)

On the one hand, declining bond market activity and the persistence of low - risk arbitrage opportunities imply liquidity is impaired, while, on the other, low volatility and high demand for risky assets suggest that liquidity is alive and well.

In FF analysis, market risk is mostly ignored except when dealing with «sudden death» securities — derivatives and risk arbitrage securities; when dealing with portfolios financed by heavy borrowing; and when companies have to access capital markets, especially equity markets.

Risk arbitrage situations exist only where there are relatively determinate workouts in relatively determinate periods of time, e.g., when there is an announced corporate merger.

She later joined Donaldson, Lufkin and Jenrette where she became Lead Research Analyst for the Risk Arbitrage department.

Karen Finerman began her career as a trader at First City Capital, a risk arbitrage fund.

Cameron focuses on model - driven trading and risk arbitrage for Americas equities.

Before starting Farallon in January, 1986, he worked at Morgan Stanley, Goldman Sachs in the risk arbitrage department under Bob Rubin, and Hellman & Friedman in private equity.

Prior to Bankers Trust, Mr. Mitchell was an Associate Managing Director of Wertheim Schroder & Co. and a risk arbitrage trader at Wertheim.

Definition: A hedge fund that used a risk arbitrage strategy to make very large, leveraged bets on credit spreads.Advice: LTCM was a very high - performing hedge fund for a number of years.

After working briefly at Warburg Pincus, the private equity firm that owned an equity stake in Mattel, and at Island Records, where he was director of corporate development, he joined Lafer Equity Investors, a New York hedge fund, where he learned the «craft» of risk arbitrage — betting on the outcome of mergers and acquisitions and other «event driven» opportunities.

The common element is that any long position taken in a specific equity is offset by a short position in either a merger partner (risk arbitrage), an «overvalued» member of the same sector (long / short paired trading), a convertible bond (convertible arbitrage), a futures contract (index arbitrage) or an option contract (volatility arbitrage).

Before founding Third Point, Daniel worked in the securities industry for over a decade, gaining dedicated experience in equities, distressed debt, high - yield bond sales, risk arbitrage and private investments.

Before Jefferies, Daniel was a risk arbitrage Analyst at Lafer Equity Investors.

For an example, this has happened in risk arbitrage, where investors are short an option for the acquirer to walk away.

Today with more deals to go around, and fewer players, risk arbitrage is attractive again.

• How to take positions in the market with a $ 5 upside and a $ 1 downside • How to make money in spin - offs • How to make money in risk arbitrage and merger securities • How call options work

There are also market participants involved with both near - term predictions and fundamental analysis — to wit, short sellers and risk arbitrageurs (risk arbitrage is defined as investing in situations where there are reasonably determinate workouts in reasonably determinate periods of time).

Markets, especially risk arbitrage, markets, tend enough toward efficiency so that one can not engage in risk arbitrage, unless one is willing to pay up compared with pricing that is attractive for TAVF.

Short termism is the only way to go when dealing with «sudden death» securities, i.e., options, derivatives or risk arbitrage but it does nothing to help evaluate a business with a perpetual life.

Risk arbitrage, with risk arbitrage being defined as situations where there will be relatively determinate workouts in relatively determinate short periods of time, e.g., a publicly announced merger.

These securities are derivatives and risk arbitrage securities, with risk arbitrage being defined as situations where there will be a relatively determinant workout in a relatively determinant period of time, e.g., a publicly announced merger or tender offer.

Over the last twenty years, I have practiced most styles of value investing including as Graham - and - Dodd style of investing in statistical bargains, risk arbitrage, activist investing, bankruptcy workouts, and Warren Buffett style of investing in moats.