The dearth Of New Ideas In Activism

Can we finally talk about the dearth of new ideas in activism?

Like redemptions and failing to beat the S&P 500 Index, this is something activists generally share with the rest of hedge funds. The Sohn Foundation conference on Monday, where both Bill Ackman and Clifton Robbins pitched old ideas and many other non-activist funds underwhelmed, served to reinforce this impression.

Bill Ackman

I ran the numbers from Activist Insight and found we had recorded 85 new investments from dedicated activists (primary and partial focus in our internal jargon) this year....