Kambhu, John (contributor); Schuermann, Til (contributor); … - 2007
strategies such as
global macro, market neutral equity, convertible arbitrage, or event-driven.
3
While strategies
and … experiencing a systemic event.
Bordo et al. (1998) offer a similar description of systemic event as a situation where:
“shocks to … systemic crisis, and which distinguishes it from a purely financial
-9-
event.
16
As discussed in more detail below, these …