Passive funds get more activist, large fund manager says
Passive investors increasingly taking charge, says Jeff Gramm.
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Passive funds are increasingly becoming activist shareholders by leaning on the companies in which they invest in a manner previously only seen with active investors.
Jeff Gramm, who manages New York hedge fund Bandera Partners, believes shareholders are at a “weird juncture” where large
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Calida Smylie
Tue, 02 May 2017
Tue, 02 May 2017
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Passive funds get more activist, large fund manager says
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