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Finance & Markets

Stocks Erase Post-Midterm Elections Rally, Dragged Down by Tech

The S&P 500 slumped to its worst daily decline in more than a year, dragged down by the technology sector as investors fretted about the durability of the A.I. build-out.

We haven't written up this one. The New York Times has the full story — the link below goes straight to it.

Read the original at nytimes.com →

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Where merger arbitrage meets convertibles

Paul Glazer explains how cross-team synergy, a loosening regulatory backdrop and larger $10bn-plus deals are fuelling conviction-led arbitrage.

  • Glazer Capital focuses on merger arbitrage, SPAC arbitrage, and convertible arbitrage
  • Convertible arbitrage has a 3-5 year horizon, unlike merger arbitrage with a discernible conclusion
  • US regulatory environment supports $4tn M&A deal value growth, with 95% of deals completing

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