Activist investors have launched a record number of campaigns globally during the first six months of 2024. Despite this surge, they have been less successful in securing board seats as companies have increasingly fought back. Data from Lazard indicates that while the volume of campaigns has reached unprecedented levels in the first half of 2024, the effectiveness of these campaigns in gaining boardroom influence has diminished compared to previous years.
Shareholder activists have launched a record number of campaigns in the first half. But they've captured fewer board seats than last year. https://t.co/N0xLdPHHav
Making great progress for shareholder rights in contested elections with @_InvestorCom_ client @boazweinstein https://t.co/9V25ieoeJU
The world’s largest asset manager said that its new policy would allow clients in climate-focused funds to take an activist position on shareholder proposals about decarbonisation https://t.co/3YaT4Uo8cg https://t.co/157xLDYfGl
New campaigns by shareholder activists reached record levels globally in the first six months of the year, data from Lazard show https://t.co/gglwAKYJNv
Activist investors mount record number of campaigns but win fewer board seats https://t.co/ptkVNkGOah via @sveaherbst @Reuters #HedgeFunds #ActivistInvestor #CorpGov
Activist investors mount record number of campaigns but win fewer board seats https://t.co/eB0RsoqeHQ https://t.co/i7dnhlV6RY
🔵 ACTIVIST INVESTORS MOUNT RECORD NUMBER OF CAMPAIGNS BUT WIN FEWER BOARD SEATS Activist investors mounted campaigns at a record number of companies globally during the first six months of 2024 but have been less successful in breaking into boardrooms as companies fought back… https://t.co/PaB6i5x377