Bringing you live news and features since 2006 

Credit Suisse launches ETN with liquid exposure to merger arbitrage strategy


Credit Suisse has launched the Credit Suisse Merger Arbitrage Liquid Index (Net) ETN, one of the first vehicles to offer investors access to the merger arbitrage strategy in a liquid, exchange-traded format.


Credit Suisse’s investment banking division is launching the ETN on one of the Asset Management Liquid Alternative Beta Indices. 

The ETN is designed to correlate, subject to fees, to the performance of the Credit Suisse Merger Arbitrage Liquid Index (Net) which aims to gain broad exposure to the merger arbitrage strategy by using a quantitative methodology.

The ETN joins the existing Credit Suisse Long/Short Liquid Index (Net) ETN to become the second in a suite of alternative ETN products.

Michael G. Clark, head of the structured equity derivatives desk in the investment bank, which is launching the ETN, says: “Historically, merger arbitrage strategies have provided attractive risk-adjusted returns, effectively allowing investors to diversify their equity exposure; however, complex structures and infrequent liquidity have made this sector difficult to access. We are excited to offer a product which provides liquid access to this strategy, especially in the current volatile market environment.”

Latest News

Vienna Stock Exchange has launched three new thematic indices: CECE Reshoring, CECE Commodity Producers and CECE Clean Energy, writing that..
Schwab Asset Management, the asset management arm of The Charles Schwab Corporation and the fifth-largest provider of ETFs, has announced..
Digital asset manager CoinShares International Limited has announced the launch of its hedge fund division, CoinShares Hedge Fund Solutions...
Despite a small contraction in assets caused by a complex market and macroeconomic scenario in Europe and at the global..

Related Articles

Nick King, Robeco
Europeam investment management giant Robeco has announced the appointment of Nick King as Head of Exchange Traded Funds (ETFs), in...
Kristof Gleich, Harbor Capital
Harbor Capital burst onto the ETF issuance world in 2021 and now has USD1.1 billion in assets in ETFs. But...
Europe’s thematic ETF provider, Rize ETF, has been acquired by ARK Invest LLC, the parent of ARK Investment Management LLC,...
Jeff Ringdahl, Resolute Investment Management
End of August saw the launch of alternatives firm Man Group’s first ETF, using its AHL systematic trading system to...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by