FYI: Mergers and acquisitions, strategic divestures, splits, spinoffs, dividend hikes, and stock buybacks have all been happening at a frenzied and accelerating pace over the past two years. This has not only increased the number of event-driven investment opportunities, but it’s also changed the nature of event-driven investment, according to a new whitepaper from Driehaus Management.
In it, portfolio manager K.C. Nelson, co-portfolio manager Adam Abbas, assistant portfolio managers Michael Caldwell and Yoav Sharon, and senior analyst Matthew Schoenfeld explain the reasoning behind the increased activity and the changed dynamics of the environment, and they offer three steps for investors to take advantage of the market’s opportunities.
Regards,
Ted
http://dailyalts.com/rules-event-driven-investing-changed/