Event driven investing momentum spiked in mining after copper

Event driven investing momentum spiked in mining after copper inventory draws from China’s ports hit multi-month lows—Rio Tinto gained 3.8% as industrial demand pressures spot pricing. What this means for investors is that over the last year, Elliott Investment Management has been quietly offloading its position in Seadrill, which has seen its share growth rise around 18% in the same timeframe. Thus, it’s likely Elliott Investment Management is slowly taking profits from a once powerful position to generate returns for its investors. Interest rate cuts, which also play a big role in helping bear markets to recover, do not seem to be imminent at this stage. However, our economists think that could change if a recession becomes more likely. Event driven investing strategies are gaining momentum amid Q2 earnings season, with analysts tracking merger news in semiconductor stocks such as AMD and NVDA. Short-term volatility spikes after acquisition announcements suggest potential alpha generation if leveraged through options-based hedging.