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Hedge Funds Find Arb Opportunity in SPACs
By
Lauren Tara LaCapra
04/07/09 - 07:49 AM EDT
Hedge funds have found their latest arbitrage opportunity in SPACs, the once-trendy investment beaten down last fall as the fast money set liquidated their holdings.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,428.58 | 1,114.38 | 2,235.94 | 36.57 |
Oil *
72.80
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|
UP
99.69
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UP
11.91
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UP
24.25
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UP
1.11
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10 Yr
3.66%
SPDR Gold
107.25
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+0.97%
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+1.08%
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+1.10%
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+3.13%
|
Data delayed 20 minutes |


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