Loeb King Capital’s Gideon King writes that his simple investing thesis is to remain liquid, use little leverage and be a little long and it has so far done well for the hedge fund. Loeb Arbitrage Fund was up 2.3% in Q3, bringing YTD gains to +6%, according to an investor letter seen by ValueWalk. The fund netted its highest returns from event-driven and arbitrage strategies in the last quarter. Europe the new frontier Speaking of event driven profits, Gideon King explains that Loeb’s strategy is going to benefit from the present state of the market, where stock pickers have…
Gideon King Sees Rise of M&A, Shareholder Activism In Europe
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.