Activists Post Strong Q3, but Dispersion Is High

October 20, 2016   Stephen Taub


Year-to-date results at individual funds run by firms including TCI, ValueAct, Pershing Square, and others are mixed.

The best-performing hedge fund strategy in the third quarter of 2016 by far was shareholder activism. But a look at how some of the better-known funds performed during the quarter shows that behind the aggregate figure, individual fund performance was …

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