Business Insider: The investing chief of a SPAC-focused ETF breaks down the strategy he’s ‘aggressively’ using to take advantage of the downturn in blank-check companies
Saying that the use of arbitrage in special purpose acquisition companies (SPACs) has faded, Easterly Alternatives SPAC portfolio manager Evan Ratner added that he is taking a value-oriented approach to selecting SPACs, investing in undervalued companies that are mispriced because they went public via SPACs. Read more.