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The New Wave of Hedge Fund Activism

Activist managers are increasingly taking on not just companies, but entire governments. But are these funds cut out for policy-driven battles?

This is not your father’s hedge fund activism. At the Institutional Investor/ CNBC Delivering Alpha conference earlier this month, U.S. Treasury Secretary Jack Lew talked about the importance of the rule of law in the financial world. “I like what he said about how you have to obey the rule of

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