Activist Fund With World-Beating Returns Eyes Singapore Bank
- Judah Value says plans to build position, publish open letter
- Fund likes to work behind the scenes with ‘positive activism’
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The world’s best-performing activist fund returned 103 percent in seven months by targeting mainly smaller Asian companies in industries from commodities to engineering and food.
Now, it’s getting ready to take on one of Singapore’s banks, according to Judah Value Activist Fund’s July newsletter obtained by Bloomberg.