This post first appeared on FloatingPath
Whether it was the federal government shutdown and debt ceiling fiasco, the uncertainty over who would be the next Federal Reserve Chair, or trouble in Cyprus, the S&P 500 has faced many hurdles this year.
Regardless, as LPL Financial shows, the market has continued its upward run and is up around 23.5% year-to-date.
Carlson Capital's Black Diamond Arbitrage Partners fund added 1.3% net fees in the first quarter of 2021, according to a copy of the firm's March 2021 investor update, which ValueWalk has been able to review. Q1 2021 hedge fund letters, conferences and more At the end of the quarter, merger arbitrage investments represented 89% of Read More