Investment Objective
To achieve attractive risk-adjusted returns, by exploiting pricing inefficiencies caused by anticipated specific corporate events. The fund follows a Multi-Strategy, Event-Driven investment style, trading in Risk Arbitrage, Event Equities and Credit. All strategies traded are eligible within the UCITS framework.
Latest Meeting Note
Meeting 26 Nov 2019
We recently met with Masahiko Yamaguchi, the co-PM of York's Asian event driven business. The UCITS has its roots in the York Asian Opportunities fund (offshore) but is a slightly modified strategy due to UCITS constraints predominantly ...
We recently met with Masahiko Yamaguchi, the co-PM of York's Asian event driven business. The UCITS has its roots in the York Asian Opportunities fund (offshore) but is a slightly modified strategy due to UCITS constraints predominantly investing in arbitrage opportunities and equity special situations. The PM is currently optimistic on the opportunity set for Asian event investing driven by regulatory reforming, improving corporate governance, and a shifting corporate mindset. Listed subsidiary trades are a good example of the types of trades exploited.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.2 | 0.5 | 0.3 | 0.7 | 0.6 | 0.4 | 0.3 | 0.5 | 0.3 | 0.4 | 0.5 | 0.0 | 0.8 | |
| 2022 | 0.4 | 0.3 | 0.1 | 1.0 | 0.9 | 0.2 | 0.7 | 0.0 | 0.3 | 0.3 | 0.0 | 0.7 | 0.1 |
