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Activist funds with fewer assets outperforming big name rivals

© Reuters.  Activist funds with fewer assets outperforming big name rivals© Reuters. Activist funds with fewer assets outperforming big name rivals

By Svea Herbst-Bayliss

BOSTON (Reuters) – Several activist investor funds with a fraction of the assets of their bigger rivals are posting strong returns, as they win board seats and drive change at companies, an analysis of their performance shows.

The up-and-coming firms have been trouncing both the industry benchmar…
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