of such from noise/shock trading and the risk & return characteristics of a merger arbitrage trading strategy …This paper examines the annual risks and returns of three disparate, hypothetical merger arbitrage portfolio strategies … December 2016 time period. Previously written and undoubtedly the most prominent literature into M&A and merger arbitrage …

private pension funds in the United States, Canada, and Europe, we find that U.S. public pension funds act on their regulatory … and elected plan participants serving on the board, take more risk and use higher discount rates. The increased risk …

pension funds to longevity risk. We present different tools to hedge this risk and the potential cost for two Canadian public …