Shareholder Activism Here to Stay Because It's Good Business

Shareholder Activism Here to Stay Because It's Good Business

August 25, 2016, Bloomberg BNA

Leonard Chazen is quoted in a Bloomberg BNA article regarding trends and trajectories involving activist investor campaigns. According to Chazen, the increase in the number of activist funds as well as the amount of money flowing into the funds was fueled by the traditional buy-and-hold hedge funds that were underperforming the market. He adds, activism is likely to continue to be an important phenomenon.