Roth: Alpha in merger and convertible arbitrage no longer exists
Evan Roth · Brett Barth and Evan Roth – Stewarding Family Wealth at BBR (EP.433) · Feb 24, 2025 · at 45:47
Evan Roth, co-founder of BBR Partners, explains that expectations on hedge fund absolute return strategies had to be reset as classic arbitrage alpha evaporated.
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“Merge your ARB, convert ARB, that alpha doesn't exist anymore.”
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