Market Analysis
Liquid Alternative Funds: Hedge Fund Strategies for Everyday Investors
TL;DR: Liquid alternative funds promise hedge fund strategies with the daily liquidity of a mutual fund. From June 2006 to June 2022, the average liquid alt fund trailed global stocks by 4.2 percentag
Jeff Barnes, MBA··10 min read
Market Analysis
Convertible Arbitrage, Decoded: How Hedge Funds Trade Mispriced Options
TL;DR: Convertible arbitrage is a hedge fund strategy that buys a company's convertible bonds while short-selling its common stock to isolate and harvest a cheap embedded call option. The trade has co
Jeff Barnes, MBA··11 min read
Market Analysis
Merger Arbitrage Strategy Explained for Accredited Investors
Merger arbitrage means buying a takeover target below the deal price and collecting the spread when it closes. Here is how the math, risk, and access actually work.
Jeff Barnes, MBA··13 min read