BOSTON: Activist investors who are shaking up Corporate America with calls for operational fixes, refreshed boards and even sales of a company are delivering their best returns in six years with double-digit gains for 2019 after big losses in 2018.
Hedge funds run by activist investors are traditionally reserved for institutional investors and wealthy private clients. Douglas Braunstein's Hudson Executive Capital gained 52per cent through the end of November, fueled by gains at Cardtronics Plc which gave Braunstein a board seat last year.
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