Event Driven
An investment strategy seeking to identify and exploit pricing inefficiencies that have been caused by corporate events, index changes, ADR issuance, special stubs and special dividends.
Volatility Trading/CB Arb
Extraction of alpha by investing in a range of volatility strategies including, but not limited to: cyclical macro, index dispersion, special events and convertible bonds. The convertible bonds are usually offset by opposite positions in shares and credit default swaps (CDS).
Credit Strategies
A bottoms-up investment approach with positions taken in leveraged loans, high yield bonds and distressed debt securities. Investment weightings are based on market opportunities, with a strong emphasis placed on security, principal protection and a risk/reward profile.
Long/Short
A multi book approach which includes dual listed company shares trading, ADR vs primary exchange listed, macro long-short, statistical pairs, stocks vs single stock futures.
Risk Arb
Alpha extraction by taking opposite positions in a pair of two shares of companies that have or are expected to announce a merger deal.
CTA
A daily volatility adjusted trend following model capable of capturing trends in cash, FX, index, fixed income and commodity futures. It is reversible to be able to react to market conditions.
Commodities
A relative value approach combined with/or hedging one or more of the above strategies.