Why Jeffrey Smith’s Starboard Is One of 2016’s Top Performers

Activist hedge fund firm Starboard Value has enjoyed gains from some old targets and several new ones.

Jeffrey Smith, Starboard Value (Bloomberg)
Many of the largest activist hedge funds have been posting mixed results this year, with most of the best performers generating low-single-digit returns at best.

However, one of the busiest and highest-profile activists for the past few years is also among the most successful.

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