Investor Activism Has Fallen Off a Cliff, Lazard's Rossman Says

The video discusses the mixed performance of hedge funds in 2020, highlighting a decline in activism campaigns due to market uncertainty and COVID-19. Activists have focused on existing campaigns, leading to board seat wins, while new entrants and SPACs have emerged as significant trends. Opportunities in the debt market are explored, with a focus on sectors like industrials and technology for M&A post-COVID.

In what ways have activist hedge funds adapted their strategies in response to the pandemic?

How might the current credit market volatility provide opportunities for activists?

What sectors are activists expected to avoid in the next six months, according to the discussion?