Gideon King Sees Rise of M&A, Shareholder Activism In Europe
Loeb King Capital's Gideon King writes that his simple investing thesis is to remain liquid, use little leverage and be a little long and it has so far done well for the hedge fund. Loeb Arbitrage Fund was up 2.3% in Q3, bringing YTD gains to +6%, according to an investor letter seen by ValueWalk. The fund netted its highest returns from event-driven and arbitrage strategies in the last quarter.