Poor governance may have been catapulted into the headlines in recent years, but to-date few asset managers in Europe have been trying to make money through activist strategies. One that does, as part of its range of products, is London’s RWC. In 2013, RWC’s assets under management grew from $5bn (€3.7bn) to $7.5bn, which its CEO Dan Mannix attributes to “a normalisation of opportunities within the equity markets” and a general improvement in investor sentiment.
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