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Event-Driven Index

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

Advent GlobalAdvent Global Partners (ML)
Allianz Global InvestorsMerger Arbitrage Strategy
AlpineMerger Arbitrage
BantleonEvent Driven Equities
Bardin HillArbitrage (Franklin K2)
BlackrockEvent Driven Equity
Boussard GavaudanAbsolute Return
BurrenGlobal Arbitrage (ML)
CheyneCheyne Arbitrage (U Access)
Formue NordFokus
Formue NordFormue Nord Markedsneutral AS
GabelliGabelli ABC
GabelliMergers & Acquisitions
GamcoMerger Arbitrage
HadronAlpha Select
HighlandHighland Merger Arbitrage
KellnerKellner Merger
KiteLakeEvent Driven
LaffitteRisk Arbitrage
LeaderselEvent Driven
Lombard Odier Investment ManagersEvent Convexity
LutetiaPatrimoine
Man GLGGLG Event Driven
MergerMerger
MygaleEvent Driven (ML)
OdeySpecial Situations
PictetAgora
PortlandHill Catalyst Driven
PrivilEdgeAmber Event Europe
PSAMGlobal Event (Lumyna)
RamiusMerger Arbitrage (Lumyna)
SilverPepperSilverPepper Merger Arbitrage
SyquantHelium
SyquantHelium Performance
SyquantHelium Selection
TiedemannArbitrage Strategy (Lyxor)
VivaldiVivaldi Merger Arbitrage
Water IslandArbitrage
Water IslandWater Island Diversified Event-Driven
Water Island Long/Short FundWater Island Long/Short Fund
YorkAsian Event (Lumyna)
GAM International ManagementMerger
CIAMSatellite Event Driven
CamelotCamelot Event Driven
DriehausEvent Driven
Weiss AlternativeMonthly Distribution (Dunham)
GabelliMerger Arb
Third PointThird Point
WCMAlternatives Event-Driven
AllianceBernsteinEvent Driven Portfolio
AthosEvent Driven
UBSO’Connor Event Driven
AQR Capital ManagementSustainable Corporate Arbitrage
AbraxMerger Arbitrage
Candriam Investors GroupRisk Arbitrage Opportunities
OceanwoodOpportunities
UBS O’ConnorEvent Driven
Advent GlobalAdvent Global Partners (ML)
Allianz Global InvestorsEvent Driven Strategy
Allianz Global InvestorsMerger Arbitrage Strategy
AlpineMerger Arbitrage
BantleonEvent Driven Equities
Bardin HillArbitrage (Franklin K2)
BlackrockEvent Driven Equity
Boussard GavaudanAbsolute Return
BurrenGlobal Arbitrage (ML)
CheyneCheyne Arbitrage (U Access)
Formue NordFokus
Formue NordFormue Nord Markedsneutral AS
FS InvestmentsEvent Driven
GabelliGabelli ABC
GabelliMergers & Acquisitions
GamcoMerger Arbitrage
HadronAlpha Select
HighlandHighland Merger Arbitrage
KellnerKellner Merger
KiteLakeEvent Driven
LaffitteDynamic Strategies
LaffitteRisk Arbitrage
LeaderselEvent Driven
Lombard Odier Investment ManagersEvent Convexity
LutetiaAbsolute Return
LutetiaPatrimoine
Man GLGGLG Event Driven
MergerMerger
MProved SystematicMProved Systematic Merger Arbitrage
MygaleEvent Driven (ML)
OdeySpecial Situations
PictetAgora
PortlandHill Catalyst Driven
PrivilEdgeAmber Event Europe
PSAMGlobal Event (Lumyna)
RamiusMerger Arbitrage (Lumyna)
SilverPepperSilverPepper Merger Arbitrage
SyquantHelium
SyquantHelium Performance
SyquantHelium Selection
TiedemannArbitrage Strategy (Lyxor)
VivaldiVivaldi Merger Arbitrage
Water IslandArbitrage
Water IslandWater Island Diversified Event-Driven
Water Island Long/Short FundWater Island Long/Short Fund
YorkAsian Event (Lumyna)
YorkEvent Driven (Lumyna)
BlackRockEvent Driven Equity
Formue NordFormue Nord Markedsneutral AS
FS InvestmentsEvent Driven
GabelliGabelli ABC
GabelliMergers & Acquisitions
HighlandHighland Merger Arbitrage
KellnerKellner Merger
MergerMerger
MProved SystematicMProved Systematic Merger Arbitrage
SilverPepperSilverPepper Merger Arbitrage
VivaldiVivaldi Merger Arbitrage
Water IslandArbitrage
Water IslandWater Island Diversified Event-Driven
Coeli Asset ManagementCoeli Norrsken
Formue NordFormue Nord Markedsneutral AS