What's the difference between l/s equity HFs and event driven HFs?

Rank: Baboon | 132

Whats the fundamental difference between these 2 types of strategy? As I see it, they are pretty much the same, as you can go long/short equity based on some certain event. Event driven HFs, particularly the ones focusing on merger arbitrage go long/short equities as well. But I guess event driven HFs focus on the credit side as well and not just equities. so far that's the only difference that I see between them 2. I find the HFs classifications very confusing: another one that I find confusing is that between event driven HFs and special situations HFs.

Comments (1)

 
Feb 28,2011

There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.