<p>Don't really play too many equities. But here is my entire port at the moment (real cash):</p>
<p>CSD/SPY long short: capture tendency for spin-offs to outperform the market. I would personally pick and choose spinoffs but I do not have the times so implemented this position instead. </p>
<p>FICC: This is in the later stages. Went long mid 2. Merger play in the subprime sector. </p>
<p>MWA-B/MWA long short: This is really an experimental position. Have this on to park some idle cash on an interesting situation. You have one class of share which controls a disproportionate amount of the votes being sold at a discount to the "inferior" class. Obviously, not expecting wild returns but want to see how it pans out. </p>
<p>DBV: currency carry basket. I will be winding this down in June/July after which I feel the carry trade will start to unwind. The elections will be done by then and I expect the BOJ to start getting active again.</p>