The ongoing shift in investing preference from active management to passive funds has been well-documented, but one topic that hasn’t received a lot of attention is this shift from the viewpoint of activist investors. That was exactly the focus of a discussion during a panel The Deal’s Corporate Governance 2019 conference in New York City last week. The panelists who participated in the discussion were Bruce Goldfarb from Okapi Partners, Jeffrey Marell from Paul Weiss, Keith Meister from Corvex Management, and Sarah Teslik from Joele Frank. Index funds still mostly side with managements Data from Proxy Insight for 2018 showed…
Activism In An Age Of Passive Investment
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.