Passive funds get more activist, large fund manager says
Passive investors increasingly taking charge, says Jeff Gramm.
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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