Shareholders 'Emboldened' in 2018 Activism Boost, Says Rossman

The video discusses the rapid increase in shareholder activism, driven by market trends such as M&A activity and the hunt for alpha. It highlights the emergence of the $10 billion club, with major hedge funds like Elliott leading the market. Companies and shareholders are becoming more receptive to activism, with traditional investors taking sides earlier. The video also explores the dynamics of multiple activists and the impact on management, as well as the influence of macro trends in asset management.

What is one of the main reasons for the rapid increase in activist campaigns?

• Decrease in M&A activity

• Decline in investor interest

• Hunt for alpha

• Reduction in shareholder activism

Which hedge fund is considered a leader in the activism market?

• Elliott

• TCI

• Third Point

• Icahn

What is the 'new vocalism' in the context of traditional investors?

• Investors focusing solely on operational issues

• Investors reducing their stakes in companies

• Investors taking sides earlier in activist campaigns

• Investors remaining silent during proxy fights

How are companies changing their approach to activist campaigns?

• By engaging more with activists

• By reducing board seats for activists

• By ignoring activist ideas

• By increasing proxy fights

What is one of the macro trends affecting active managers?

• Concentration of ownership

• Increase in asset management fees

• Reduction in public company equity

• Decrease in passive investing

What is a benefit of activism mentioned in the transcript?

• Reduced management involvement

• Improved board accountability

• Increased shareholder disengagement

• Decreased board accountability

Why are larger allocations being given to certain activists?

• To spread money over more positions

• To focus on fewer names with high liquidity

• To reduce research efforts

• To avoid complex business models