SRI Groups Appear To Be The Most Active Investors

Published onMay 21, 2014

Updated on May 13, 2021

Hedge fund are leading the activist investing charge, and simply making noise can sometimes be enough to get concessions from a management team eager to avoid a prolonged campaign, but if it comes down to a shareholder vote hedge funds usually need to get institutional investors on their side. While pension funds and other institutional investors are becoming more willing to go along with activist strategies because of their potential for outsized returns, socially responsible investing (SRI) groups are the most likely to vote against management, though it’s not clear that they will make natural allies for hedge funds.