This content is from: Premium

September Bites the Activists Too

A tough month for shareholder activist funds reminds investors that the strategy’s fortunes can be closely aligned with those of the equity markets.

       Barry Rosenstein, Jana Partners (Bloomberg)The market’s big sell-off this week could wind up battering activist managers more than the average hedge fund, especially if the third quarter is any indication. Several activists lost money during the September period, while others barely eked out gains. As a result, many activists were already

To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.

Related Content