Active management may be under attack, but don’t tell that to Barron’s. Every year the venerable paper hosts an investor roundtable featuring some of the industry’s leading voices and largest active asset managers. The day long event offers a chance to hear their thoughts on a wide variety of topics including the economy and pressing global issues. Readers… Read More »
There are worse names in the spinoff world, but Edgewell Personal Care(EPC) is a fairly bad one. Made worse, no doubt, by the company’s tortured explanation of its deep meaning. Edgewell, which owns such personal care brands as Schick, Skintimate, Hawaiian Tropic, and Playtex, spun off Energizer Holdings(ENR) in July 2015. Edgewell stock has underperformed since, recently down 20% from… Read More »
Nelson Peltz is legendary for successfully pushing for structural change at large companies. This has often resulted in spinoffs of disparate divisions. Last week, Peltz’s investment vehicle, Trian Fund Management, disclosed a $3.5 billion stake in Procter & Gamble(PG). Peltz steps into the shoes of Bill Ackman, who several years ago took an activist position in P&G, only… Read More »
Calling all spinoff lovers – it’s time to get your hard hats on because the end of this month is going to be crazy. Just call it the ‘Summer of Spin’. In the somewhat improbable five plus years we have been running this site (and I am willing to bet over the course of history), there has never… Read More »