Activist investors who are shaking up Corporate America with calls for operational fixes, refreshed boards and even sales of a company are delivering their best returns in six years with double-digit gains for 2019 after big losses in 2018. The surge in returns is energizing experienced corporate agitators as well as newcomers and may force more companies into costly battles with shareholders over their corporate future next year, managers, lawyers and bankers said. Through the end of November, activist managers on average returned 13.09%, according to data from Hedge Fund Research, which tracks various investment strategies’ returns. …read more
Source:: Yahoo Finance
