Toward a Mission Statement for Mutual Funds in Shareholder Litigation
Mutual funds own approximately 30 percent of the U.S.
Mutual funds own approximately 30 percent of the U.S.
Index funds and indexed ETFs managed by the “Big Three” – BlackRock, Vanguard and State Street – have grown to be the largest investors i
Short sellers have been cast as villains throughout history.
The intense and sustained presence of hedge fund activists in many industries and markets makes it likely that activism produces effects
Over the past 20 years, hedge fund activism has become a powerful mechanism for influencing companies.
The growing influence of activists in today’s corporate landscape has prompted financial economists to investigate the drivers of shareho
Hedge fund activism has become pervasive in today’s corporate landscape.
Hedge fund activism is essentially a search by funds for investment returns by putting pressure on target firms to change their corporate
Few doubt that hedge fund activism has radically changed corporate governance in the United States -- for better or for worse.