The Europe 50: The Year of the Activist

While Europe’s largest hedge fund firms reported zero growth or even small declines in assets in 2013, activist-oriented firms raced ahead in the ranking.


For a hedge fund firm plying activist strategies, timing can be everything.

Consider the handsome payday that Toscafund Asset Management enjoyed last year, thanks to its stake in Esure, an online auto and household insurance company. Esure has been known for its caution, underwriting policies mainly for lower-risk female and older drivers and shunning flood-prone homeowners.

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