Event Driven

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AH Event Driven UCITS Index

Event Driven is an investing strategy that seeks to exploit pricing inefficiencies that may occur in securities of companies undergoing corporate events, such as mergers and acquisitions, spin-offs, restructuring, security issuance or other capital structure adjustments. Investments can be long or short and made using a range of instruments including equities, bonds and options.

Strategy AUM
31 March 2023
£12.9b
-19.1% YoY

Performance

Monthly Returns

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD
2023 1.0 -0.1 -0.9 0.2 -2.0 -1.8
2022 -0.8 0.0 -0.2 -0.8 -1.2 -1.9 1.1 1.0 -1.3 0.4 0.3 0.1 -3.2
2021 0.8 1.3 0.2 1.5 0.4 -0.1 -0.8 1.0 0.3 0.9 -0.6 0.4 5.4
2020 0.3 -1.2 -7.7 4.2 0.7 0.5 1.0 1.0 -0.1 -0.1 3.2 1.6 3.0
2019 1.3 0.8 0.5 1.0 -0.9 0.3 0.4 -0.3 0.1 0.3 0.4 1.0 5.1
2018 0.3 0.0 -1.3 -0.2 0.7 0.1 -1.1 0.1 0.0 -1.2 0.3 -1.2 -3.5
2017 0.3 0.4 0.0 0.9 0.2 0.3 0.4 -0.8 0.1 -0.1 -0.7 0.5 1.5
2016 -1.3 -0.1 0.5 -0.2 0.2 -1.2 0.7 0.3 0.0 -0.8 0.3 0.7 -0.8
2015 -0.1 1.9 0.3 0.2 1.1 -1.3 -0.5 -1.8 -1.8 0.3 -0.6 -0.4 -2.7
2014 0.0 1.1 -0.5 -0.3 0.0 0.6 -0.7 -0.1 -1.2 -2.4 0.9 -0.1 -2.7
2013 0.0 0.0
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  • Region Global
  • Currency Local Currency
  • Frequency Monthly Rebalancing
  • Methodology Equally Weighted
  • Download Index Return Series

Index Constituents

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Overview Performance Return Attributes ESG Institutional Class Structure
Name Inception Date Sub-Strategy Geography AUM AMC Perf. Fee Hurdle Min Inv. Liquidity MTD YTD 2022 1W 1M 3M 6M 1Y 2Y 3Y ISIN Liquidity Domicile Inv. Adviser Portfolio Manager UN PRI Signatory Companywide ESG Policy SFDR ESG Data Integration Active Ownership ESG Exclusion List Return Consistency
Percentile Rank		 Performance
Percentile Rank		 Diversifier
Percentile Rank		 Downside Protection
Percentile Rank		 Low Risk
Percentile Rank
AB Event Driven Portfolio Feb 2020 Merger Event Global £157m 0.80% 0% No 1,000,000 Daily 0.5 -5.1 -4.8 1.1 -2.4 -2.4 -5.6 -7.9 -9.4 -3.7 LU2106585560 Daily Luxembourg Alliance Bernstein Vikas Kapoor, Scott Schefri... Yes Yes Article 6 Yes N/A Yes 45 18 91 49 73
AERA Fund SICAV Event Driven Opportunities Aug 2019 Multi Event Global £6m 1.50% 20% Daily 0.0 LU2035554828 Daily Luxembourg Per4m Asset Management Tullio Salvatore, Peter Cam... Article 6 64 23 49 45 65
Alma Platinum IV Oceanwood Opportunities Sep 2021 Multi Event Europe £131m 1.25% 18% 1,000,000 Daily 0.6 -5.2 -3.0 -1.8 -0.8 -6.6 -4.1 -6.0 LU2349504873 Daily Luxembourg Oceanwood Capital Management Christopher Gate, Julian Ga... Yes Yes Article 8 Yes Yes N/A
Alpine Merger Arbitrage Fund Jul 2018 Merger Arbitrage Global £225m 1.00% 20% No 1,000,000 Daily -0.1 -9.8 0.1 1.0 -5.3 -5.7 -9.2 -8.8 -11.7 -0.9 IE00BG7PPQ01 Daily Ireland Alpine Associates Management Robert E. Zoellner, Jr Yes No Article 6 No N/A Yes 68 38 95 73 71
AQR Sustainable Corporate Arbitrage UCITS Fund Jun 2021 Merger Event Global £88m 1.30% 0% No 100,000 Daily 0.3 -0.3 -2.9 0.6 -0.5 -1.2 0.1 0.4 LU2319525270 Daily Luxembourg AQR Capital Management Mark Mitchell, Todd Pulvino... Yes Yes Article 8 Yes Yes Yes
Bantleon Event Driven Equities Jun 2019 Merger Event Global £34m 0.95% 10% Yes 250,000 Daily 0.1 -2.6 -7.8 0.1 -1.5 -1.8 -4.0 -5.5 -9.6 5.5 LU1989517732 Daily Luxembourg Bantleon Bank AG Oliver Scharping / Leonard ... Yes Yes Article 6 No Yes Yes 27 15 29 11 25
BlackRock Global Event Driven Fund Aug 2015 Merger Event Global £3.1b 1.00% 20% No 0 Daily 0.4 -0.2 -2.3 0.5 -2.2 -2.7 -0.8 -0.6 -4.0 5.8 LU1251621188 Daily Luxembourg BlackRock Investment Manage... Mark McKenna Yes Yes Article 6 Yes Yes Yes 68 62 45 41 79
Candriam Equities L Risk Arbitrage Opportunities Mar 2021 Merger Arbitrage Global £47m 1.00% 20% Yes 0 Daily -4.5 -2.3 0.1 -2.3 -2.9 -4.5 -4.7 -6.6 LU2223683918 Daily Luxembourg Candriam Fabienne Cretin, Stéphane D... Yes Yes Article 6 No Yes Yes
Candriam Index Arbitrage Sep 2003 Merger Event Global £592m 0.24% 20% Yes 250,000 Daily 0.0 0.9 -1.9 0.1 0.2 0.5 1.0 -0.5 0.4 1.4 FR0010016477 Daily France Candriam Emmanuel Terraz, Olivier Ro... Yes Yes Article 6 No Yes Yes 65 22 48 63 92
CIAM Satellite Event-Driven UCITS Jul 2018 Multi Event Europe £13m 1.50% 15% No 50,000 Daily 0.9 3.9 -24.8 -0.1 -2.4 -4.4 3.0 -10.2 -22.9 LU1840467259 Daily Luxembourg CIAM Catherine Berjal, Anne-Soph... 16 22 45 9 11
First Private Systematic Merger Opportunities Apr 2020 Merger Arbitrage Global £9m 0.75% 10% Yes 250,000 Daily 0.1 -2.9 -0.1 0.4 -1.2 -2.0 -2.4 -1.4 -0.7 DE000A0Q95G3 Daily Germany First Private Investment Ma... No Yes Article 6 No Yes Yes
Franklin K2 Bardin Hill Arbitrage UCITS Fund Sep 2019 Merger Arbitrage Global £127m 1.25% 12.5% 5,000,000 Daily 0.0 -2.3 3.0 -0.1 -2.3 -2.0 -1.6 0.5 2.0 11.3 LU2039784561 Daily Luxembourg Bardin Hill Investment Part... Gian Maria Magrini Article 6 100 61 42 66 98
GAMCO Merger Arbitrage Oct 2011 Merger Arbitrage Global £657m 1.00% 20% 100,000 Daily 0.1 -3.3 2.5 0.2 -2.3 -3.1 -3.1 0.1 0.4 15.4 LU0687944552 Daily Luxembourg GAMCO Investors Ralph Rocco , Mario Gabelli Article 6 98 81 48 56 94
Hadron Alpha Select UCITS Apr 2010 Multi Event Global £6m 2.00% 20% 100,000 Daily 4.3 -7.2 1.3 0.2 1.6 6.0 -0.8 58.6 IE00B62LK681 Daily Ireland Hadron Capital M D’Attanasio, M Ciuchini, ... 30 99 38 18 41
IAM O’Connor Event Driven UCITS Fund Feb 2021 Multi Event Global £240m 1.05% 20% No 0 Weekly 0.1 -2.9 -1.2 0.1 -3.1 -2.6 -2.4 -2.9 -3.8 IE00BKX8M153 Weekly Ireland International Asset Management Joe Newell, Blake Hiltabrand Yes Yes Article 6 No N/A N/A
Kite Lake Event Driven UCITS May 2017 Merger Event Global £605m 1.25% 20% None 1,000,000 Weekly -7.3 4.1 -4.1 -6.3 -6.7 -4.3 -5.1 7.8 IE00BYXZ2F80 Weekly Ireland Kite Lake Capital Jamie Sherman 96 68 51 63 91
KLS Athos Event Driven Apr 2021 Merger Event Global £53m 1.25% 20% Yes 1,000,000 Daily 0.1 -1.4 -4.0 0.5 -1.5 -1.1 -1.9 1.7 -5.5 IE00BN7J4Q47 Daily Ireland Athos Capital Limited Matthew Moskey, Fred Schult... Yes Yes Article 6 Yes No N/A
Laffitte Risk Arbitrage UCITS Dec 2007 Merger Arbitrage Global £9m 1.40% 15% 150,000 Daily 0.0 -1.4 -3.2 0.1 -0.2 -0.6 -1.6 -2.5 -3.8 2.3 LU1602251818 Daily Luxembourg Laffitte Capital Management 42 29 62 49 87
Leadersel Event Driven May 2016 Merger Event Global £247m 1.50% 20% 500,000 Daily -1.8 -5.0 0.1 -0.5 -1.6 -2.6 -2.9 -7.6 -1.3 LU1323913191 Daily Luxembourg Ersel Asset Management Sgr SpA Giorgio Nicola, Riccardo Co... 57 26 50 44 84
LO Event Convexity Oct 2015 Merger Event Global £88m 1.50% 20% None 1,000,000 Weekly 0.0 0.3 -3.8 -0.1 -0.5 -0.3 -0.3 -1.7 -4.3 2.1 LU1924980409 Weekly Luxembourg Lombard Odier Investment Ma... 33 32 31 40 84
Lumyna - MY Asian Event-Driven UCITS Fund Nov 2010 Multi Event Asia £127m 1.50% 20% No 1,000,000 Weekly 1.1 -1.8 -6.9 0.5 -1.5 -3.8 -1.8 -8.3 -19.1 -5.2 LU0532510723 Weekly Luxembourg York Capital Management Masahiko Yamaguchi No No Article 6 No No N/A 38 30 83 88 23
Lumyna - PSAM Global Event UCITS Sep 2010 Multi Event Global £545m 1.50% 15% No 1,000,000 Weekly 0.2 -4.8 -5.9 0.5 -2.5 -4.3 -5.0 -5.6 -8.9 9.3 LU1951089868 Weekly Luxembourg P. Schoenfeld Asset Management Peter Schoenfeld Yes Yes Article 6 No Yes Yes 67 73 69 50 72
Lumyna - Ramius Merger Arbitrage UCITS Aug 2016 Merger Arbitrage Global £50m 1.25% 20% No 1,000,000 Weekly -0.3 0.0 0.6 0.7 -1.1 0.3 1.5 5.7 1.3 13.2 LU1438644996 Weekly Luxembourg Ramius LLC Ethan Johnson Yes Yes Article 8 Yes Yes Yes 71 73 35 43 52
Lyxor Tiedemann Arbitrage Strategy Feb 2013 Merger Arbitrage Global £1.3b 1.40% 20% 100,000 Daily 0.0 -1.3 0.8 0.3 -2.2 -0.9 -0.7 1.5 -0.3 9.9 IE00B905SX62 Daily Ireland TIG Advisors LLC Drew Figdor Article 6 92 63 66 68 90
Man GLG Event Driven Alternative Jul 2019 Merger Arbitrage Global £1.0b 1.00% 20% No 1,000,000 Daily -0.1 1.1 2.1 -0.1 -0.9 -0.4 1.4 3.9 4.0 23.8 IE00BJJNGV56 Daily Ireland Man Group Plc Cristian Cibrario No Yes Article 6 No N/A N/A 100 86 49 72 100
Melqart Event Driven UCITS Fund Feb 2023 Multi Event Global 1.50% 20% Yes 1,000,000 Daily 0.0 IE000133ZDE2 Daily Ireland Tages Capital LLP Michel Massoud, Joseph Gebr... Yes Yes Article 6 Yes N/A N/A
MontLake Abrax Merger Arbitrage UCITS Fund Jul 2019 Merger Arbitrage Global £31m 1.50% 15% No 100,000 Daily -0.2 -8.5 -10.0 -0.5 -4.2 -6.0 -10.5 -14.5 -22.4 -13.7 IE00BZ01DF31 Daily Ireland AUM Asset Management Ltd Xavier Robinson No Yes Article 8 Yes No Yes 11 24 84 35 33
MontLake Burren Global Arbitrage UCITS Jun 2015 Merger Arbitrage Global £9m 1.50% 20% 100,000 Daily -0.1 -2.7 0.5 0.2 -1.5 -2.3 -2.3 -1.7 -3.0 -3.5 IE00BWGCG729 Daily Ireland Burren Capital Advisors 21 16 87 72 85
MontLake Mygale Event Driven UCITS Jan 2016 Merger Event Europe £254m 1.25% 15% 10,000,000 Daily -0.2 -0.3 -2.2 -0.2 -0.8 -1.8 -1.1 -1.1 -1.8 5.9 IE00BYRPFT92 Daily Ireland Tavira UK Neil Tofts 84 39 33 46 92
Neuberger Berman Event Driven Fund Oct 2022 Merger Event US £43m 1.00% 20% Yes 2,500,000 Daily -0.2 -0.2 -0.1 -0.1 0.2 -0.2 IE000F96D003 Daily Ireland Neuberger Berman Joe Rotter Yes Yes Article 6 No Yes No
Odey Special Situations Oct 2019 Multi Event Global £77m 0.75% 20% No 1,000,000 Daily 0.3 -7.0 -12.8 -0.6 -6.2 -11.6 -7.8 -13.7 -7.3 36.9 IE00BK6GVB95 Daily Ireland Odey Asset Management Adrian Courtenay Yes Yes Article 6 No N/A N/A 40 98 88 38 17
Petrus Advisers Special Situations Aug 2015 Multi Event Europe £100m 2.00% 20% 12M EURIBOR +3% 250,000 Daily 0.0 13.0 -18.9 0.6 0.6 -2.4 8.0 5.2 -1.2 28.3 LU1214677046 Daily Luxembourg Petrus Advisers Petrus Advisers 30 90 34 3 7
Pictet TR - Lotus Dec 2022 Multi Event Asia £133m 1.10% 20% Yes 1,000,000 Weekly -0.4 -2.3 -1.6 -3.0 -3.0 LU2549859457 Weekly Luxembourg Pictet Funds (Europe) S.A. Jon Withaar No No Article 6 No N/A N/A
PrivilEdge – Amber Event Europe UCITS Jun 2018 Multi Event Europe £146m 1.25% 17.5% No 5,000,000 Weekly 0.1 0.8 -0.2 0.3 -1.3 -0.1 0.3 -2.1 1.7 23.4 LU1840470048 Weekly Luxembourg Amber Capital Olivier Fortesa Yes Yes Article 8 Yes Yes Yes 64 78 49 40 82
Syquant Helium Fund Oct 2005 Merger Event Global £566m 1.50% 15% Yes 50,000 Daily 1.0 0.2 -0.5 0.1 1.8 3.2 3.3 10.6 LU0912261541 Daily Luxembourg Syquant Capital Henri Jeantet Yes Yes Article 6 Yes Yes N/A 95 59 37 62 98
Syquant Helium Opportunities Sep 2009 Merger Event Global £536m 1.25% 15% Yes 50,000 Weekly 1.6 0.5 0.1 0.7 2.4 4.0 4.4 12.1 FR0010757831 Weekly France Syquant Capital Henri Jeantet Yes Yes Article 6 Yes Yes N/A 95 61 41 65 99
Syquant Helium Performance May 2013 Multi Event Global £1.0b 1.00% 15% Yes 100,000 Daily 1.2 0.0 -0.4 0.1 1.7 3.8 3.5 14.8 LU0912262275 Daily Luxembourg Syquant Capital Xavier Morin Yes Yes Article 6 Yes Yes N/A 91 74 46 59 95
Syquant Helium Selection Sep 2014 Multi Event Global £434m 1.00% 15% Yes 100,000 Daily 1.9 3.0 -0.3 0.4 2.9 6.9 9.9 30.6 LU1112771255 Daily Luxembourg Syquant Capital Xavier Morin Yes Yes Article 6 Yes Yes N/A 92 94 52 64 87
U ACCESS (IRL) Cheyne Arbitrage UCITS Apr 2018 Merger Event Global £81m 1.00% 10% Yes 100,000,000 Daily 0.2 -9.1 3.0 0.0 -4.2 -7.3 -8.1 -6.9 -6.7 5.0 IE00BDT6DM21 Daily Ireland Cheyne Capital Cheyne Capital Management (... No No Article 6 No N/A N/A 75 80 85 85 68
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