Boaz Weinstein's audacious raid on the City's sleepy £267 billion investment trust sector has rattled the Square Mile. But his aggression is in character. He is known on Wall Street for his love ...
“Have you no shame?” cried Boaz Weinstein during a presentation to investors on January 14th. The boss of Saba Capital, an American hedge fund, was railing at fund managers in Britain’s ...
Boaz Weinstein’s Saba Capital lost votes to gain control of two investment trusts run by Scottish growth investor Baillie Gifford, the latest setback in the hedge fund manager’s campaign ...
Boaz Weinstein’s Saba Capital Management has lost the first of the votes it requisitioned to oust the boards of seven investment trusts, three of them in Scotland, and take control of these funds.
The controversy has been sparked by Boaz Weinstein, founder of New York-based hedge fund Saba Capital Management, whose long-held passion is investing in closed-end funds.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US hedge fund boss Boaz Weinstein has said he wants to be a “white knight” for UK investors and the ...
in a blow to founder Boaz Weinstein's wider push to shake-up the UK's 269 billion pound ($333 billion) trust sector. Saba's eight resolutions were rejected by around 65% of votes cast and received ...
LONDON (Reuters) -Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul its board, in a blow to founder Boaz Weinstein's wider ...