NilssonHedge provides an Event-Driven hedge fund index, based on the average return. We do not provide backtracked returns nor do we allow for “instant track records”. The members of the index will be disclosed for the 2021 version. The Index contains relatively few funds in the early period
We source data from UCITS and 40-act funds, liquid alternative strategies.
The index is based on managers that are part of the database as of the end of the prior year. We do not impose minimum requirements on track records or aum for this subset. Managers that drop out of the index are replaced with the average return of the index.
Event-Driven managers engage in various types of strategies, including but not limited to, Merger Arbitrage, Distressed Securities, Corporate Events, and other strategies such as Activist strategies. Most of the funds have low beta and are closer to market-neutral, but caries significant idiosyncratic risk.
Index Constituents
Abrax Merger Arbitrage Advent Global Advent Global Partners (ML) AllianceBernstein Event Driven Portfolio Allianz Global Investors Merger Arbitrage Strategy Alpine Merger Arbitrage AQR Capital Management Sustainable Corporate Arbitrage Athos Event Driven Bantleon Event Driven Equities Bardin Hill Arbitrage (Franklin K2) Blackrock Event Driven Equity Boussard Gavaudan Absolute Return Burren Global Arbitrage (ML) Camelot Camelot Event Driven Candriam Investors Group Risk Arbitrage Opportunities Cheyne Cheyne Arbitrage (U Access) CIAM Satellite Event Driven Driehaus Event Driven First Private Systematic Merger Opportunities Formue Nord Fokus Formue Nord Formue Nord Markedsneutral AS Gabelli Gabelli ABC Gabelli Merger Arb Gabelli Mergers & Acquisitions GAM International Management Merger Gamco Merger Arbitrage Hadron Alpha Select Highland Highland Merger Arbitrage Kellner Kellner Merger KiteLake Event Driven Laffitte Risk Arbitrage Leadersel Event Driven Lombard Odier Investment Managers Event Convexity Lutetia Patrimoine Man GLG GLG Event Driven Merger Merger Mygale Event Driven (ML) Oceanwood Opportunities Odey Special Situations Pictet Agora Portland Hill Catalyst Driven PrivilEdge Amber Event Europe PSAM Global Event (Lumyna) Ramius Merger Arbitrage (Lumyna) SilverPepper SilverPepper Merger Arbitrage Syquant Helium Syquant Helium Performance Syquant Helium Selection Third Point Third Point Tiedemann Arbitrage Strategy (Lyxor) UBS Event Driven Vivaldi Vivaldi Merger Arbitrage Water Island Arbitrage Water Island Water Island Diversified Event-Driven WCM Alternatives Event-Driven Weiss Alternative Monthly Distribution (Dunham) York Asian Event (Lumyna)
Advent Global Advent Global Partners (ML) Allianz Global Investors Merger Arbitrage Strategy Alpine Merger Arbitrage Bantleon Event Driven Equities Bardin Hill Arbitrage (Franklin K2) Blackrock Event Driven Equity Boussard Gavaudan Absolute Return Burren Global Arbitrage (ML) Cheyne Cheyne Arbitrage (U Access) Formue Nord Fokus Formue Nord Formue Nord Markedsneutral AS Gabelli Gabelli ABC Gabelli Mergers & Acquisitions Gamco Merger Arbitrage Hadron Alpha Select Highland Highland Merger Arbitrage Kellner Kellner Merger KiteLake Event Driven Laffitte Risk Arbitrage Leadersel Event Driven Lombard Odier Investment Managers Event Convexity Lutetia Patrimoine Man GLG GLG Event Driven Merger Merger Mygale Event Driven (ML) Odey Special Situations Pictet Agora Portland Hill Catalyst Driven PrivilEdge Amber Event Europe PSAM Global Event (Lumyna) Ramius Merger Arbitrage (Lumyna) SilverPepper SilverPepper Merger Arbitrage Syquant Helium Syquant Helium Performance Syquant Helium Selection Tiedemann Arbitrage Strategy (Lyxor) Vivaldi Vivaldi Merger Arbitrage Water Island Arbitrage Water Island Water Island Diversified Event-Driven Water Island Long/Short Fund Water Island Long/Short Fund York Asian Event (Lumyna) GAM International Management Merger CIAM Satellite Event Driven Camelot Camelot Event Driven Driehaus Event Driven Weiss Alternative Monthly Distribution (Dunham) Gabelli Merger Arb Third Point Third Point WCM Alternatives Event-Driven AllianceBernstein Event Driven Portfolio Athos Event Driven UBS O’Connor Event Driven AQR Capital Management Sustainable Corporate Arbitrage Abrax Merger Arbitrage Candriam Investors Group Risk Arbitrage Opportunities Oceanwood Opportunities UBS O’Connor Event Driven
Advent Global Advent Global Partners (ML) Allianz Global Investors Event Driven Strategy Allianz Global Investors Merger Arbitrage Strategy Alpine Merger Arbitrage Bantleon Event Driven Equities Bardin Hill Arbitrage (Franklin K2) Blackrock Event Driven Equity Boussard Gavaudan Absolute Return Burren Global Arbitrage (ML) Cheyne Cheyne Arbitrage (U Access) Formue Nord Fokus Formue Nord Formue Nord Markedsneutral AS FS Investments Event Driven Gabelli Gabelli ABC Gabelli Mergers & Acquisitions Gamco Merger Arbitrage Hadron Alpha Select Highland Highland Merger Arbitrage Kellner Kellner Merger KiteLake Event Driven Laffitte Dynamic Strategies Laffitte Risk Arbitrage Leadersel Event Driven Lombard Odier Investment Managers Event Convexity Lutetia Absolute Return Lutetia Patrimoine Man GLG GLG Event Driven Merger Merger MProved Systematic MProved Systematic Merger Arbitrage Mygale Event Driven (ML) Odey Special Situations Pictet Agora Portland Hill Catalyst Driven PrivilEdge Amber Event Europe PSAM Global Event (Lumyna) Ramius Merger Arbitrage (Lumyna) SilverPepper SilverPepper Merger Arbitrage Syquant Helium Syquant Helium Performance Syquant Helium Selection Tiedemann Arbitrage Strategy (Lyxor) Vivaldi Vivaldi Merger Arbitrage Water Island Arbitrage Water Island Water Island Diversified Event-Driven Water Island Long/Short Fund Water Island Long/Short Fund York Asian Event (Lumyna) York Event Driven (Lumyna)
BlackRock Event Driven Equity Formue Nord Formue Nord Markedsneutral AS FS Investments Event Driven Gabelli Gabelli ABC Gabelli Mergers & Acquisitions Highland Highland Merger Arbitrage Kellner Kellner Merger Merger Merger MProved Systematic MProved Systematic Merger Arbitrage SilverPepper SilverPepper Merger Arbitrage Vivaldi Vivaldi Merger Arbitrage Water Island Arbitrage Water Island Water Island Diversified Event-Driven
Coeli Asset Management Coeli Norrsken Formue Nord Formue Nord Markedsneutral AS