AVI vows to continue Third Point dispute in 'private' after losing vote

Targoff remains on Third Point board

clock • 2 min read
AVI vows to continue Third Point dispute in 'private' after losing vote

Asset Value Investors has called on Third Point’s board to take the dispute over non-executive director Josh Targoff’s position behind closed doors, following a defeated vote to remove him from the board.

The investment house joined forces with other shareholders Metage Capital and Global Value Fund in a bid to oust Targoff from the board, but to no avail. Third Point chief executive Dan Loeb is said...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

Close Brothers trading update

Close Brothers meets expectations but 'no-one will push forecasts higher'

CEO reports good momentum

clock 21 January 2022 • 2 min read
CEO of Redwheel Tord Stallvik

RWC Partners rebrands to Redwheel amid identity revamp

Will retain full team and product range

Georgie Lee
clock 20 January 2022 • 1 min read
Andrew Bailey questioned before Treasury Committee

Energy prices and labour supply threaten financial stability says Bank of England governor

Treasury Committee meeting addresses inflation

Georgie Lee
clock 19 January 2022 • 2 min read
Trustpilot