Controversial activists profit from market woes

Activist

The rise of activist funds and funds with an activist investment mandate reflect the recognition that relatively small stakes can lever real power to force change and exploit market opportunities.

The flexibility of activist funds compared with more mainstream funds enables them to take advantage of events in the lifetime of a company.

The objective of activism is to amass enough ownership in a targeted company to influence change while securing profit explains, Phillip Goldstein, the founder of g