(Business Insider) It’s almost 2016, so Business Insider has asked a bunch of the smartest minds on Wall Street to tell us what they think will happen next. Here’s a prediction for the activists, the hedge funds that buy up shares of companies in the hope of effecting changes that will boost the company’s stock price and make money for shareholders.
“Given the carnage in the energy industry, I expect 2016 will be the year of shareholder activism in this underperforming sector of the stock market,” said Jason Ader, CEO SpringOwl Asset Management.
