03.11.2016 - Future Fund sees opportunity in merger arbitrage
The Future Fund is using a combination of active managers and smart beta strategies to direct more capital into companies that have been identified as merger targets. Future Fund manager of debt and alternatives John O’Keeffe told Investment Magazine that he had deployed a plan earlier this year to allocate more capital into investment strategies designed to capture “merger arbitrage”. The opportunity set had been particularly attractive in recent months because a number of large international merger deals had either failed to get over the line or suffered lengthy delays...........................................Full Article: Source
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