Activist Investors See Double-Digit Returns in 2023 After Year of Losses
After a year of losses in 2022, activist investors staged a strong comeback in 2023, achieving double-digit returns fueled by a stronger equity market and effective stock picking. According to data from Hedge Fund Research, activist investors boasted an average return of 20.2% last year, a significant improvement from the average loss of 16% in 2022. This rebound in returns is seen as a positive sign for the activist investing sector, as it indicates that investors were able to capitalize on the market conditions and make successful changes within targeted companies.
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