Activist Group Attacks Alliance Trust ‘Spin’ And Management

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Activist Group Attacks Alliance Trust ‘Spin’ And Management

Activist group attacks Alliance Trust ‘spin’ and management

The activist investor Elliott Advisors stepped up its attack on Alliance Trust’s management team yesterday, accusing it of acting in a “manner unbecoming of a public company”. The New York hedge fund, which has waged war with the Argentine government and stirred up trouble at companies including National Express and Morrisons, wants to overhaul Alliance’s board.…

Exclusive: Lee Ainslie Struggled During The Third Quarter As Tech Holdings Fell

activist short selling Investing investLee Ainslie's Maverick Capital had a difficult third quarter, although many hedge funds did. The quarter ended with the S&P 500's worst month since the beginning of the COVID pandemic. Q3 2021 hedge fund letters, conferences and more Maverick fund returns Maverick USA was down 11.6% for the third quarter, bringing its year-to-date return to Read More

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