Event driven


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Event driven

In the context of hedge funds, a style of management that combines many different types of hedge fund investing such as merger arbitrage, distressed securities and high yield investing, in conjunction with an important "event" that is supposed to unlock firm value (like a merger announcement, earnings announcement, or a regulator decision).

Event Driven

In hedge funds, an investment strategy of using many different investment strategies in reaction to various events. For example, if a merger is announced, a hedge fund may conduct transactions according to one strategy and, if the merger falls through, the fund may make transactions using a completely different strategy. The idea behind an event driven strategy is to use the best investment strategy befitting a particular moment in time.
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Levett joins BTIG as an Event Driven Sales Trader from Pali International where he spent two and a half years as a Sales Trader developing the Event Driven product.
The addition of the European Event Driven Desk led by Chris Blackburn and resulting Global Event Driven Team will enhance the level of service that Jefferies provides to our clients," commented Stephen Grahling, Head of Global Event Driven at Jefferies.
In a developing trend, Event Driven hedge funds have replaced traditional banks as lenders, allowing corporations to assume more debt, refinance their loans, avoid bankruptcy and continue to grow;
Increased global competition and more stringent regulatory compliance requirements are driving adoption of event driven systems to help companies respond quickly and appropriately to changing business conditions," explained Dan Everett, Research Director - Operational Intelligence.
of Toledo, OH, a license to manufacture, use and sell products using patented Event Driven Information System intellectual property.
The Cordys platform introduces the unique combination of SOA and event driven execution, and includes integrated state-of-the-art Business Process Management (BPM) and Business Activity Monitoring (BAM) capabilities.
By connecting an enterprise's existing applications to an ESB within a completely service oriented environment, Cordys is able to reuse existing functionality as well as combine existing and new functionality within newly created event driven composite applications.