Ipreo in the News
01 Apr 07
IR Magazine article: Mainstream investors get behind activism
Ipreo study finds that activist funds are viewed as a positive and growing trend - What do mainstream investors think of shareholder activists in general and swashbuckling hedge funds in particular? That's what Ipreo , the market intelligence firm that owns Bigdough, set out to discover in a perception study of portfolio managers and buy-side analysts. The results, which Ipreo is preparing to distribute to clients, may come as a shock.
'It's going to surprise some companies that most regular investors don't consider activists to be evil, attacking companies willy-nilly,' says Bill Sherman, Ipreo's global head of data strategy and analytics.
While survey respondents couch their opinions in a measured, case-by-case approach, it's clear they view activism as good for business. Only 5 percent say activism is not helpful in unlocking shareholder value, and nearly 45 percent say it's beneficial for an activist shareholder to have a seat on a target company's board.
Click below to view the complete article from IR Magazine
http://www.thecrossbordergroup.com/pages/165/IR+magazine.stm?article_id=11884
