Financial Planning News
Wed, 7 Aug 2013
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Five stats from the market and the stories behind them. This week: a shakeup in J.C. Penney's board, the DOJ seeks to ground a major airline merger , and BlackBerry mulls a sale.
This merger -arbitrage fund has little correlation to the broader equity and fixed-income markets and has a very low expense ratio.
If deal activity continues, these merger -arbitrage funds could represent great opportunities going forward, says Morningstar's A.J. D'Asaro.
With the uptick in merger and acquisition activity, whether it be for tax-inversion or strategic reasons, investors should focus on the target company, which can benefit from the deal immediately.
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