Mick McGuire's hedge fund firm, Marcato Capital Management, has released a letter and presentation to shareholders of Bank of New York Mellon (BK) outlining their thoughts on the company and why they feel a leadership change is in order.
Embedded below is Marcato's letter to BK shareholders:
You can download a .pdf copy of the letter here.
And also embedded below is Marcato's presentation on Bank of New York Mellon:
You can download a .pdf copy of the presentation here.
McGuire is known for taking an activist approach in his investments and this case is no different. Prior to founding Marcato, he worked at Bill Ackman's Pershing Square, another well known activist investment firm.
Tuesday, March 17, 2015
Marcato Capital's Presentation on Bank of New York Mellon
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