Practical analysis for investment professionals

shareholder activists


The Jury’s Still Split on the Value of Activist Investing

Are activist investors a force for good that keeps management and boards honest? Or are they simply quick buck artists intent on creating short-term value at the expense of building long-term sustainable companies?

Maximization of Shareholder Value: Flawed Thinking That Threatens Our Economic Future

Rather than enriching themselves by buying back stock at prices near all-time highs, CEOs should instead reinvest in their businesses, including their employees. Doing so will drive long-term growth and sustainability for corporations and the economy at large, better balancing the interests of all stakeholders.

13F Watch: Activist Investors Fill the Void

Thanks to a bull market and strong relative returns, assets under management for activist investors have swelled — tripling in just the last five years — allowing these high profile fund managers to launch more campaigns and take on bigger companies.

13F Watch: Rising Profile for Activist Investors

Activist investors have significantly raised their profiles in recent years. According to Activist Insight, there were 237 activist campaigns launched in 2013, up from less than 30 in 2000. And while activists used to fly mostly under the radar, many have now embraced new media platforms as a way to make their cases heard.

Poll: What Is the Primary Cause of the Upturn in Shareholder Activism?

About 43% of 574 global respondents to this week’s poll dismiss reports of an upturn in shareholder activism as exaggerated and think any perceived increase is primarily attributable to the savvier use of media by activist investors.

13F Watch: Managers Add Financials and Trim Energy as Hedge Funds Remain under Fire

In the second quarter of 2013, institutional investors added to their equity holdings in the financial sector while reducing their exposure to energy stocks. Among the most widely held stocks, portfolio managers as a group added to positions in Microsoft, General Motors, Cisco, and Intel, and trimmed positions in Pfizer, Oracle, General Electric, and AT&T.

Weekend Reads for Investors: The Rising Influence of Activists, Africa, and Twitter

David Larrabee, CFA, rounds up the most interesting reads for equity investors from the last couple weeks.



By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close