Activists Take In $7.2 Billion In First Nine Months Of '13

Jan 28 2014 | 1:13am ET

Activist hedge funds brought in twice as much in the first three-quarters of last year as they did in the same period a year earlier.

Activist firms raised $7.2 billion from investors in the first nine months of 2013, according to The Podium.

"It is very clear that no company is immune," Laurel Hill Advisory Group said. "Witness the investment in Microsoft, the interest in Apple, the events at Hess and at the Canadian Pacific Railway. Therefore, it is clear companies need to prepare themselves in the event they attract the attention of an activist."


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...