Nancy Havens-Hasty

The founder and portfolio manager at Havens Advisors talks to Saskia Scholtes about what gives her hedge fund the edge in M&A and bankruptcy investment

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For Nancy Havens-Hasty, founder and portfolio manager at hedge fund Havens Advisors in New York City, keeping abreast of market rumours and being able to separate the facts from the fiction is as crucial as fundamental corporate analysis. The $200 million fund invests in event-driven situations such as mergers, acquisitions and bankruptcy filings where asset prices can be especially vulnerable to leaks and rumours. "In distressed investing there are an awful lot of loose lips: you

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