Since most hedge funds get paid based on their returns for the year, managers who do not want to underperform often turn to shareholder activism as a way to increase shareholder value and ultimately boost their returns.
Stockpickr tracks the latest activist situations so you can learn to piggy-back off of the best managers around. This week we focus on Axcelis Technologies ( ACLS). Sterling Capital is suggesting to Axcelis Technologies that they sell off valuable assets and complete a share buyback in order to maximize shareholder value. To read more, visit Stockpickr.com.
