Investment Strategies

Capital Structure

Trading implies the screening of the full capital structure of an issuer and related companies with credit curve tracking

Convertibles

Wake extracts alpha from convertible arbitrage with systematic screening for equity, credit and FX volatility capture.

Distressed and restructuring

Involves purchasing near bankruptcy bonds and negotiating a restructuring deal with the issuer

Event Driven

M&A arbitrage, spin- offs and stub arbitrage, convertible ratchet arbitrage, restructuring, tenders, special situations, dividend arbitrage, index in/exclusion.

Volatility

Volatility trading on equities, interest rates and credit, purchasing cheap relative volatility vs. selling rich and extracting value from skew and term structure shifts

Yield management

Long term cash management and yield maximisation tailored to managed account objectives