Net Net: Promoting innovation and managing change
Net Net: Promoting innovation and managing change

Hold your ground against activists: Moelis

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Moelis on IPOs, Brazil & activist investors

Ken Moelis, CEO of the investment bank Moelis & Co., believes corporate boards should stand firm against activist investors.

"We think the pendulum has swung too far where corporate boards are treating activists like they've already won," Moelis said in a CNBC interview from the Morgan Stanley Financials Conference in New York.

Moelis said he is advising corporate clients to stay calm and stick with their strategy for growth.

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