Institutional Investor (April 19)
“Targeted by an activist hedge fund? Try calling in the influencers. A new study of institutional investor relationships found that how shareholders vote—and if they vote—is deeply impacted by who they know. Among major investors, networks move markets.”
Tags: Activist, Hedge-fund, Influencers, Investors, Markets, Networks, Relationships, Shareholders, Target, Vote
The Economist (June 17)
Replacing Jeff Immelt at GE’s helm, new CEO John Flannery will need “to deal with GE’s soggy financial performance. Trian, an activist hedge fund, owns a stake in GE and, behind the scenes, has probably been agitating for change. Unless the numbers improve soon, pressure may mount for GE to break itself up. That would be a bad idea: what it now needs is less re-engineering and more consistent execution. At least Mr Flannery, unlike Mr Immelt, takes the helm when expectations are low.”
Tags: Activist, CEO, Execution, Expectations, Flannery, GE, Hedge-fund, Immelt, Performance, Re-engineering, Trian
Institutional Investor (May 5)
“The adoption of technology, including blockchain, artificial intelligence, and big data, has made it possible for private-equity and hedge-fund managers to reduce their fees, placing competitive pressure on rivals still using a traditional fee model.”
Tags: Adoption, AI, Big Data, Blockchain, Competitive pressure, Fees, Hedge-fund, Private equity, Rivals, Technology
