Tags
activist investors, Bill Ackman, Carl Icahn, Chapman Capital, Daniel Loeb, Eddie Lampert, Free Capital, Guy Wyser-Pratte, IIU, Laxey, QVT, SEC Edgar, TVC Holdings, Weiss
Continued from here:
iv) Activist Investors are the next catalyst I’d like to highlight. Obviously, there’s no well-defined timeline involved here, but considering the approach of most hedge funds (who comprise the majority of activists) and their return expectations, a timeline of 6 months to 2 years.
Activists targeting asset discounts/realizations will tend to have a shorter holding period, while activists seeking operational change are usually forced to adapt to a longer investment horizon. With the multitude of investment trusts and companies listed in London, activists have generally focused on the former type of operation, while elsewhere in the world they focus more on significant operational changes/improvements to a business.
