This is Rivkin’s oldest strategy and seeks to profit from corporate actions, particularly takeovers. The return profile suits relatively conservative investors who are looking for a modest return with minimal volatility.
The Event strategy targets a reasonably low return (~6% per annum) but with very low risk. All-cash takeover offers are the ‘bread and butter’ of the strategy and can often provide a healthy annualised return with a small chance of failure. Other possible investments include share buybacks where franking credits provide the profit opportunity and different special situations where there may be an arbitrage profit. You can learn more about this strategy, or start following it now by becoming a Strategies user!
If you would like to talk to one of our representative managers, complete the form below:
Video Transcript (click anywhere to play)
