Global Conference 2014
Activist Investors and the Search for Alpha
Tuesday, April 29, 2014 / 3:45 pm - 4:45 pm
Shareholder activism has been gaining traction as key activist investors exert positive influence by pressing management teams to improve operational efficiency, invest capital in undervalued shares and pursue creative initiatives to maximize returns. These investors saw tremendous asset inflows in 2013 and far outpaced their hedge fund peers' performance in recent years. A structural shift in the corporate governance landscape has supported this trend, providing even smaller shareholders with an outlet to influence and be heard by management. We'll delve into the fine points of investor engagement and unlocking value with top players in the field. What's the outlook for activism, given the strategy's prevalence and the equity market's strong overall performance?
Moderator
Christopher Ailman
Chief Investment Officer, California State Teachers' Retirement System (CalSTRS)
Speakers
Clifton Robbins
Founder and CEO, Blue Harbour Group
Barry Rosenstein
Founder and Managing Partner, JANA Partners
Chris Teets
Partner and Portfolio Manager, Red Mountain Capital Partners LLC
Jeffrey Ubben
Founder, CEO and Chief Investment Officer, ValueAct Capital