Tages Cygnus Europa Event Driven
|Fund Strategy||Event Driven|
|Investment Advisor||Cygnus Asset Management|
|Portfolio Manager||José Luis Perez|
|Fund Inception||15 February 2017|
AH Event Driven UCITS Index
Sub Index - Event Driven
The strategy aims to capture investment opportunities around corporate activity in Europe, targeting returns of 12-15%, while keeping volatility at 8-10. Invests across the capital structure. Seeks to benefit from inefficiencies and under or over-valuations relating to M&A, capital structure changes, spin—offs, regulatory changes, restructurings, and bankruptcies. Special emphasis on risk management: the strategy also runs a hedging overlay normally oriented to cover tail risks, minimizing risks of material loss of principal. The strategy aims to display a low correlation to both the market and peers.