比如在ALt 主题中的主观题：
At a meeting with the Fund’s board of directors, the board mandates Zang to invest only in event-driven and relative value hedge fund strategies.
其中merger arbitrage 的答案好长，要回答到什么程度？
A merger arbitrage hedge fund strategy is an example of an event-driven strategy, which is permitted under the board’s mandate. Event-driven hedge fund strategies focus on corporate events, such as governance events, mergers and acquisitions, bankruptcy, and other key events for corporations. Merger arbitrage involves simultaneously purchasing and selling the stocks of two merging companies to create “riskless” profits.
