Hedge fund manager wanted to oust trust’s board, shift mandate Saba is also targeting trusts run by Baillie Gifford, Manulife Boaz Weinstein lost a crucial vote to gain control of Herald Investment ...

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.

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 ...

The agreement lasts for three proxy seasons. "This is a monumental outcome for shareholders," Saba's founder Boaz Weinstein wrote on social media platform X. He said the settlement shows how ...

Actor-writer-comedians Bowen Yang and Rachel Sennott have been tasked with announcing the nominees for the 97th Academy Awards on Thursday, January 23, 2025. Moana 2 crosses $1 Billion after ...

Boaz Weinstein, founder and chief investment officer of Saba Capital Management, has taken aim at seven UK investment trusts Photographer: Jeenah Moon/Bloomberg via Getty Images US hedge fund Saba ...

Kenneth R. Weinstein is the Walter P. Stern Distinguished Fellow at Hudson Institute and served as the Institute’s president and CEO from 2011 to 2020. While other men of his wealth and status ...

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.

12W and SVT20. The co-op last traded in 2012, when hedge fund founder Boaz Weinstein bought it for $25.5 million. The apartment hit the market earlier that year, but at the time, little was ...