Activist investors' success rate rose to 73.8% in 2014, up from 66.6% a year earlier and up from 67.8% in 2013. Success rate is defined as "activist demands that were either fully or partially satisfied by the target company."
The number of activist investments in 2014 rose to 859, up 43% from 2014 and up 97% from 2013.
Morgan Stanley cites the figures in a research note on publicly traded U.S. asset managers. The firm says the uptick in activism could "drive more asset sales and carve-outs," creating a favorable environment for publicly traded alternatives managers.