(Institutional Investor) Activist campaigns by hedge fund managers ultimately have no effect on investor portfolios, according to a new Stanford University working paper…The paper, which examined the effects of hedge fund activism on shareholder value and company operations, concluded that the long-term impact of activism on investor returns was “insignificantly different from zero.”
Hedge Fund Activism Has No Meaningful Long-Term Impact?
This entry was posted in Syndicated. Bookmark the permalink.