LAB Event Driven Liquid Index

The LAB Event Driven Liquid Index is one of three sub-indexes of the LAB Liquid Index. The Event Driven Liquid Index seeks to track the aggregate performance of credit and event driven hedge funds, which generally seek to exploit the impact of corporate events such as mergers and acquisitions or a restructuring on corporate security prices. These funds frequently invest across the capital structure in equities, distressed debt, and credit, and profit from stock-picking, which may be region, sector, or market capitalization focused. The LAB Event Driven LIquid Index is published daily.