Chris Young, Managing Director and Global Head of Contested Situations, Jefferies Financial Group Inc., points out that it’s very easy to come up with justifications for short-term underperformance, which has led the financial community to look at 1-, 3- and 5-year returns as a standard. He added that longer-term results become the focus “especially with people like Joele Frank and others who know how to spin this thing that this was all temporary…and we’re a newborn baby in the public markets.”
CorpGov and The Palm Beach Hedge Fund Association hosted the 2022 Winter Activism Forum on Feb. 16 featuring leading market participants and advisors who have consulted on board intelligence and the most prominent activism campaigns in recent years. A complete report with more videos can be found here.
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