Meanings of driven hedge in English

Such a strategy has already outperformed the average active event driven hedge fund manager this year.

More than half of the world's hedge funds employed an equity or event- driven hedge fund strategy, HFR said.

He said he thinks other event- driven hedge fund managers, which bet on company deals, were continuing to accumulate Akzo shares.

Computer- driven hedge funds such as Piquant Technologies are set up to automatically seek out and bet against wobbly currencies based on market data.

That's an indication that you can go a little bit bigger, said Michael Wegener, managing partner at Hong Kong-based event- driven hedge fund Case Equity Partners.

Computer driven hedge funds known as trend followers "were correct in Brexit and clients are asking us about that space now," he added.

Goldman's decision, announced internally on Friday, also bars bankers from investing in activist or event- driven hedge funds, Andrew Williams, a Goldman Sachs spokesman, told Reuters.

Some 56 event driven hedge funds launched over the first three quarters of 2015, according to data tracker Hedge Fund Research, compared with 45 liquidations.

Computer- driven hedge funds lost 8 million pounds ($11.4 million) on Tuesday from their long-standing short positions in AA, betting the shares would fall in value.