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 »
Horizon Kinetics is an asset management and research shop founded by Peter Doyle, Steven Bregman and Murray Stahl that has been analyzing spinoffs (and plenty of other things) for decades. Over the years, I’ve always enjoyed the various opportunities I’ve had to hear them speak. The firm even publishes a standalone research report dedicated to spinoffs and has… Read More »
Every year Barron’s gathers a group of asset management luminaries for a roundtable discussion. The group collectively manages many many billions of dollars and includes people like Jeffrey Gundlach, Mario Gabelli and Meryl Witmer. While the discourse includes a bit about the overall macro environment, the focus is mainly on each individual’s top investments for the coming year.… Read More »
Just two days after setting the date for its Associated Capital Group(AC) spinoff, GAMCO Investors(GBL) has pushed it back eleven days in order to “to coincide with month-end.” One wonders what went on behind the scenes that caused the Board(and by Board, we mean Mario Gabelli) to reconsider so quickly. Presumably, the Board was previously aware that November… Read More »
Mario Gabelli has often made money off of spinoffs. Now he’s executing one. Gabelli, the CEO and controlling shareholder of GAMCO Investors(GBL), will be spinning off the company’s alternative investment management business and some assorted assets as Associated Capital Group. At 11:59PM on November 19, GAMCO shareholders as of November 12 will receive one Associated Capital Group Class… Read More »
Twice a year, Barron’s gathers some of the top minds in the industry for a roundtable discussion on the worldwide investment environment and economic outlook. This year’s panel included the same regulars as usual, financial titans all, PIMCO’s Bill Gross, uber-bull Abby Joseph Cohen, GAMCO Investor’s (GBL) Mario Gabelli and Felix Zulauf. In addition to pontificating on the… Read More »