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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alternative investments

References in periodicals archive

As a result, the Big Three cost reduction efforts are event driven vs.

Why Japanese OEMs do so well--& what Detroit can do to regain market

United First Partners (UFP), an independent Equity Research and Brokerage firm, covering event driven and special situations equities research and execution globally, has strengthened its sales and trading franchise.

United First Partners names managing director for US Institutional Sales and Trading

Event Driven led industry strategy performance gains for December with strong contributions from a dynamic M&A environment, accessible credit markets and tightening high yield credit spreads, as the HFRI Event Driven Index gained +1.63 per cent.

Hedge Funds post December gains as fiscal cliff averted

Event Driven -1.17 percent 0.14 percent -5.06 percent

Credit Suisse Hedge Fund Index finishes up 0.20 percent in November

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