AQR Corporate Arbitrage: A Multifaceted                            Approach to Arbitrage Investing

Corporate Arbitrage strategies seek to profit from corporate events, such as equity and debt issuances, mergers & acquisitions and bankruptcies. Because these strategies are tied to finance raising or control events of specific companies, they can provide a source of returns that is independent and diversifying from traditional equity and bond investments.

AQR’s Sustainable Corporate Arbitrage Strategy (‘the Strategy’) integrates three types of arbitrage strategies: Merger Arbitrage, Convertible Arbitrage, and Event-driven Investments.  Each strategy is a diversifying addition to a traditional portfolio, and dynamic exposure to a combination of these strategies provides the opportunity to benefit from different types of corporate events.  The Strategy employs our sustainable investment process, which features a positive tilt toward deals with more attractive ESG characteristics along with norms-based and dynamic screening.

Arbitrage opportunities can be created by financial events across the corporate lifecycle

A Unique Offering in the Arbitrage Space

20+ Years of Experience
Managed by a team with two decades of experience refining a dynamic, systematic approach enhanced by discretionary oversight and expertise
Seeks Attractive Risk-Adjusted Returns
Seeks to provide a steady and independent source of returns to a portfolio of stocks and bonds, aiming to maintain strong positive performance over the long term
Dynamic Approach
Broad exposure to core arbitrage strategies combined with meaningful tactical bets to take advantage of the most attractive opportunities in the space
Portfolio Diversification
Since the Strategy tends to behave differently from typical stock and bond strategies, it can be a potential diversifying source to a traditional portfolio
Incorporates Sustainability
Applies AQR’s Sustainable process, combining static and dynamic screens as well as incorporating a positive ESG tilt
Attractive Current Environment
The long-term strategic risk premium is currently more attractive, driven by the record deal flow and the number of new issuances

Resources

Related Funds

This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements.

Diversification does not eliminate the risk of experiencing investment losses.

There can be no assurance that any investment strategy will be successful.
 
The information contained on this website is for informational purposes only and does not constitute an offer or invitation to buy, sell or otherwise transact in any security. The information on this site is directed only at persons or entities in any jurisdiction or country where such access to information contained on this website and use of such information is not contrary to local law or regulation. Accordingly, all persons who access this website are required to inform themselves of and to comply with any such restrictions. The prospectus, KIID and the latest periodic reports for each fund are available free of charge.

Past performance does not predict future returns.

This is a marketing communication in the European Economic Area (“EEA”) and approved as a Financial Promotion in the United Kingdom (“UK”). It is only intended for Professional Clients.

Information for clients in the EEA 
AQR in the European Economic Area is AQR Capital Management (Germany) GmbH, a German limited liability company (Gesellschaft mit beschränkter Haftung; “GmbH”), with registered offices at Maximilianstrasse 13, 80539 Munich, authorized and regulated by the German Federal Financial Supervisory Authority (Bundesanstalt für 
Finanzdienstleistungsaufsicht, „BaFin“), with offices at Marie-Curie-Str. 24-28, 60439, Frankfurt am Main und Graurheindorfer Str. 108, 53117 Bonn, to provide the services of investment advice (Anlageberatung) and investment broking (Anlagevermittlung) pursuant to the German Securities Institutions Act (Wertpapierinstitutsgesetz; “WpIG”). The Complaint  Handling Procedure for clients and prospective clients of AQR in the European Economic Area can be found here: https://ucits.aqr.com/Legal-and-Regulatory.

Information for clients in the United Kingdom 
The information set forth herein has been prepared and issued by AQR Capital Management (Europe) LLP,  a UK limited liability partnership with its office at 15 Bedford Street, London, WC2E 9HE, which is authorised and regulated by the UK Financial Conduct Authority (“FCA”).