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."


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...