Capital Returns’ Bobman blasts Argo’s underperformance in presentation ahead of AGM

Activist investor Ron Bobman has taken further aim at Argo’s underperformance in the past decade, releasing presentation slides ahead of the Bermudian’s annual general meeting detailing what he says are serial missteps at the insurer, and warning that there is “no reason to be optimistic about Argo’s prospects as an independent company”.