The founder of the fund that forced its way on to Microsoft’s board is warning investors piling into similar activist hedge funds that they could be disappointed as more companies pre-empt activist attacks with shareholder-friendly policies.
通过强硬手段获得微软(Microsoft)董事会席位的基金的创始人警告涌入进取型对冲基金(activist hedge fund)的投资者,随着更多公司抢先采取对股东友好的策略,他们可能会失望。
Jeffery Ubben, who runs the $12bn ValueAct Capital hedge fund, said soaring stock markets were also tempting more funds to set themselves up as “drive-by activists” focused on trying to make short-term gains.
杰弗里•阿本(Jeffery Ubben)经营着120亿美元的ValueAct Capital对冲基金。他表示,大幅上扬的股市也在吸引更多基金将自身包装为关注短期回报的“飞车抢夺式进取型投资者”。