This content is from: Premium
It's all relative in this market
Hedge funds willing to take on the associated risks of arbitrage trading have reclaimed significant market share.

By Basil Williams After more than a decade of competing directly with prop trading desks at large banks, hedge funds willing to take on the associated risks of arbitrage trading have reclaimed significant market share. At the heart of the opportunity set for relative value strategies are three important ingredients in
To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.