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Knight Vinke has been an institutional investor in Eni for over 5 years and since 2009 has been calling for the state-controlled
Italian oil and gas group to break itself up. It has argued that Eni's ownership of the gas pipeline operator Snam left both with the wrong capital structure; Eni was
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to review whether or not it should continue to own its wealth management business under the same roof as its investment bank. Signed by Eric Knight, the letter argued that the excessive risk within the UBS investment banking operations between 2007 and 2009 nearly destroyed the bank and a
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In
February 2013, Darty appointed Eric Knight to the board following a profit warning. Knight Vinke, which has a 25% stake in Darty, said it was frustrated at the pace of change, and would exercise its right to join the board with immediate effect.
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companies, then pushes for institutional changes in those companies to increase share value. As of
October 2016, the firm manages approximately $ 1 billion.
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In the third quarter of 2016, Knight Vinke posted a return of 14.8% in its flagship fund when the average hedge fund returned 4.19% over the year to date.
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149:(LGIM), became the first major shareholder to offer public support for Eric Knight's activism, and urged HSBC to pay heed and answer questions.
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overgeared for an exploration and production company, while Snam, as a regulated utility, was undergeared.
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simplification of the group's structure would help the bank unlock its full value potential.
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Knight Vinke reopened a debate about investment banking by publishing an open letter in the
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is an
American privately owned investment management firm that invests in under-performing
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Knight Vinke played an important role in derailing a major acquisition of
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In 2016, the firm ranked 7th on Penta's Top 100 Hedge Funds.
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181:"Shareholder Activism Bolsters Knight Vinke's Flagship Fund"
203:"Activist investor Knight Vinke calls for break up of UBS"
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Investment management companies of the United States
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272:, Reuters, 17 June 2009, (accessed 18 June 2009)
270:Top HSBC investor offers support to Knight Vinke
205:. 2 May 2013 – via www.telegraph.co.uk.
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145:. In June 2009, HSBC's largest shareholder,
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147:Legal & General Investment Management
244:"Ready to make sense of an untidy mess"
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218:"Knight Vinke wins Darty board seat"
216:Felsted, Andrea (22 February 2013).
179:Turner, Giles (October 11, 2016).
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101:Knight Vinke Asset Management
20:Knight Vinke Asset Management
283:"Penta Top 100 Hedge Funds"
16:American investment company
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121:calling on the Swiss bank
285:. Barron's. June 17, 2017
183:. The Wall Street Journal
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242:King, Ian (9 May 2012).
46:Investment Management
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60:Headquarters
34:Company type
80:$ 1 billion
289:5 November
187:6 November
164:References
111:Operations
255:17 August
249:The Times
227:17 August
316:Category
105:bluechip
42:Industry
153:History
85:Website
52:Founded
37:Private
291:2017
257:2023
229:2023
189:2017
143:HSBC
55:2003
139:VNU
123:UBS
76:AUM
318::
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171:^
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