The co-founders of activist investor group Snowcap Research say Australia is an “incredibly ripe hunting ground” for a step-up in activist campaigns to unlock value, with the ASX energy sector at the forefront of disruptions in the global energy transition.
Henry Kinnersley, co-founder and partner with United Kingdom-based Snowcap, said Australia is off the radar of the large United States activist funds, which means it is fertile ground for other players to step in.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
