Taking a hands-on approach

shareholder activism

Activist hedge fund managers may feel they face a losing battle in image relations. Mutual funds advocating change in firms are 'white knights' fighting for unit holders, while their hedge funds are short-term, profiteering "locusts".

Not so, says Phil Goldstein, head of US activist Bulldog Investors, as some agitating produces mutually beneficial outcomes.

Goldstein cites the example of a $330m, 90-year old Pennsylvanian firm, Blaire Corp.


Blaire, which sells apparel to the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here