Water Island Capital Launches Arbitrage ETF ‘ARB’
May 07, 2020 at 12:00 PM EDT
Water Island Capital today launched the AltShares Merger Arbitrage ETF (NYSE: ARB), the first ETF offered in the AltShares Trust. ARB seeks to provide passive exposure to the Water Island Merger Arbitrage USD Hedged Index (WIMARBH). The ETF aims to profit from the successful completion of definitive, publicly announced mergers and acquisitions.
