Friday, 24 October 2014
Last updated 7 hours ago
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."
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.