Merger arbitrage firms up despite equity plunge

Lyxor
By November 6, 2020 15:05

Merger arbitrage firms up despite equity plunge

Amid the sound and fury of renewed Covid-19 lockdowns across Europe, global equities took a plunge at the end of October, bringing the MSCI World down -3% for the full month. Bonds did not provide much protection, as fiscal stimulus packages needed to avoid a major blow to economic activity would put upward pressure on yields.

Lyxor
By November 6, 2020 15:05

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