Hedge Funds and George Gianarikas

Hedge Fund Research: On the whole, performance of so-called activist hedge funds, who tend to press a company management for changes, have lagged the S&P 500 SPX, +0.16% for the past several years as assets managed by activist investors have surged, according to a report from Fundstrat on Wednesday, according to Market Watch. The hedge funds tracked by the Hedge Fund Research activist index posted a cumulative return of 113% since 2005 compared with the S&P 500 115%, said George Gianarikas, a research analyst at Fundstrat. Read: Starboard letter sent to Yahoo shareholders in March But recent reports suggest that such activist attention is not a significant boon for hedge funds nor the companies targeted even as activism emerges as an important investment strategy. That a poor showing for hedge funds since they usually charge investors a 2% fee and collect 20% of profits with the promise of exceeding the performance of benchmarks like the S&P 500. Between 2010 to 2015, assets managed by these funds have jumped more than threefold to $174 billion from $56 billion. Apparently those lackluster results haven’t deterred investors. (news.financializer.com). As reported in the news.