2/21/2013
According to an article from eFinancialCareers.com yesterday, Activist Hedge Funds are primed to explode in 2013.
Performance Activist hedge funds made a killing, and are primed to be even more aggressive through the final 10 months of 2013.
Activist investor Jana Partners saw two of its funds gain over 23% in 2012, while Cevian Capital’s Cevian II fund gained roughly 25%, and Daniel Loeb’s Third Point delivered a 33.6% gain in 2012.
These strong performances are likely to attract more capital for activist hedge funds that are already sitting on piles of cash, according to a new report from Moody’s Investors Service. The rating agency expects big things from activist hedge fund managers in coming months – in technology, industrial goods, consumer goods, basic material, pharmaceuticals and energy sectors.
Proven Long Term Results from Activists Legendary Activist Carl Ichan has returned 26% a year over the last 20 years versus a 7.5% performance in the S&P 500 and that is only for the stocks in which he filed a 13D (5% or more ownership).
So what are you waiting for!! Our service The Billionaires Portfolio tracks over 200 of the biggest and best peforming Activist hedge funds and their stocks picks. We have already had some triple digit winners in less than 6 months and our portfolio is currently outperforming the S&P 500 by multiples of returns.
Will Meade
Editor of The Billionaires Portfolio