Keith Meister

After a terrible first half, the hedge fund firm’s seemingly successful rebound strategy slammed into a rock: Signet Jewelers.
Stocks favored by activist managers like Keith Meister, William Ackman, Scott Ferguson and others have fared even worse than the indexes following the UK’s landmark vote.
As the strategy has evolved, some activist managers are concerned about straying from its purpose.
Starboard Value, Sandell Asset Management and Corvex Management touted new activist strategies built on the land, not the business.