Hedge Funds: ‘Event Driven’ The Flavour Of The Season

The March 19, 2014 newsletter from Credit Suisse Prime Services Risk & Portfolio Advisory analyst Jon Kinderlerer highlights February as a solid month for hedge fund returns. Event Driven (ED) strategies were a star performer, appearing in various avatars at the top of the league of February returns as presented below. Institutional appetite for Event Driven No surprises then that institutional investors recently surveyed by Credit Suisse are bullish on this strategy through 2014. Investors’ net demand (percentage increasing or considering increasing minus percentage decreasing or considering decreasing) surged to 49% in 2014 from 30% in 2013. Indeed, the HFRX…