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Why an Activist Hedge Fund Cares Whether Apple’s Devices Are Bad for Kids

Harvard Business Review

On January 6, 2017, JANA Partners , a New York–based activist hedge fund, and the California State Teachers’ Retirement System (CalSTRS) sent a letter to Apple’s board of directors that may change the future of activist investing. Tim Ellis/Getty Images. According to US SIF , at the end of 2018 there was $8.72

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One Big Reason There’s So Little Competition Among U.S. Banks

Harvard Business Review

Basically, a handful of asset management firms have become the most powerful shareholders of the nation’s largest banks. This collective flood of individual investment has turned asset management companies into ginormous shareholders. BlackRock alone manages about $4.7 trillion in assets.

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Japan Is Counting on Shareholder Activism to Improve Its Economy

Harvard Business Review

CEOs live in fear of activist hedge funds, and politicians worry about their effects on workers. Whether they were Western funds, such as Steel Partners and TCI , or Japanese funds, such as Murakami, they found that the entire system conspired to support the embattled companies, no matter how impaired their corporate governance.

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Universities Are Missing Out on an Explosive Growth Sector: Their Own

Harvard Business Review

Meanwhile, trustees control universities’ sometimes-giant endowments, and most often delegate this control to asset managers who treat the endowments as pools of money with the sole purpose of creating more money. There’s a systemic Catch 22, one outsourced endowment manager told me.

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Stop Assuming Your Data Will Bring You Riches

Harvard Business Review

Hedge Funds will love our data — they will practically buy any set of data that might give them a potential edge”. They assume that if they collect the data, and house it in their systems, it must be their data. “We have a treasure trove of data, it’s highly valuable”. “If Sounds obvious, doesn’t it?

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Why Those Guys Won the Economics Nobels

Harvard Business Review

It seems like the clearest practical lessons from this academic work have been in asset management. There are people very much steeped in this work, including you, who are out there managing stocks and other assets based on it. What we often find is that asset allocation is something the clients themselves want to manage.

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Why the U.S. Needs More Worker-Owned Companies

Harvard Business Review

The social impact funds want to support it for social reasons, whereas hedge funds and others are recognizing that the superior resiliency and performance of worker-owned firms can improve their returns. One area that seems ripe for this is in the arena of connected and autonomous mobility systems in the automotive and aerospace industries.

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