Forbes – Do (high-frequency) activist hedge funds have higher returns?
At the 2012 Allied Social Science Associations (ASSA) conference in Chicago, Nicole Boyson (Northeastern University) and Robert Mooradian (Northeastern University) presented the paper, “The Skill of Frequent Hedge Fund Activists”. They found that high frequency hedge fund activists have better returns than those that are less active. Moreover, not only do the hedge funds benefit, but the companies themselves do better as well.