HedgeWorld Quotes Tim Selby on Activist Hedge Funds

In a May 24th article in Lipper’s HedgeWorld, Tim Selby provides expert commentary in an article on the growing number of hedge funds engaged in corporate activism. In the article, titled “Hedge Funds Seek to Know when to Hold ‘Em,” Tim noted that “most hedge funds prefer the role of passive investor. Some may keep their holding of a particular stock at 4.9% or less in order to avoid filing with the SEC…. If they are looking to develop an activist position, they may use it (the filing) to lobby people.”