Portfolio Diversification Using Merger Arbitrage Source: Craig Chilton, CFA | Tom Savage, CFA Publish Date: Feb 27, 2020 Run Time: 20 minutes Merger arbitrage strategies are one of the ways to help augment a traditional portfolio. The return streams are generally uncorrelated with most of what people already own today and therefore they can act as diversification vehicles. Tom Savage, CFA, Portfolio Manager and Craig Chilton, CFA, Portfolio Manager provide an overview of merger arbitrage and the Picton Mahoney Fortified Arbitrage Alternative Fund and Picton Mahoney Fortified Arbitrage Plus Alternative Fund.