October 18, 2021

A handful of hedge funds just made a play that screams ‘out of ideas’

Pin It

By Linette Lopez From Business Insider A bunch of hedge funds just sent a subtle message to the market: “Guys, we’re out of ideas.” On Tuesday, the activist hedge fund ValueAct Capital announced that it had taken a $1.1 billion stake in Morgan Stanley. However, contrary to the “Act” in its name, the fund told The […]