1 1. Hedge Funds Strategies Statistical arbitrage. 2  2. 3  Statistical arbitrage Index: 1. Definition 2. Limits of Arbitrage 3. Statistical arbitrage trading strategies 3.1. 4  Pairs trade 3.2. 5  Multi-factor models 3.3. 6  Mean-reverting strategies 3.4. 7  Cointegration 3.4.1. 8  Index tracking 3.4.2.
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