Seven firms ripe for a shake-up by activist investors

Activist investors have a reputation as asset strippers, but they perform a valuable role, says Matthew Lynn

Edward Bramson
Edward Bramson is back on the prowl
(Image credit: © Sherborne Investors)

Edward Bramson’s Sherborne Investors has finally called time on its campaign against Barclays. In 2018, the activist investor built up a 6% stake in the bank, and used that shareholding to campaign for the removal of the chief executive, and a shake-up of its management and strategy. Not many other investors got on board, however. Last week, he finally called it a day. But if Bramson wants to move on to another company, he won’t be short of targets. Quite a few other chief executives should be feeling nervous.

A pharma giant stumbles

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.