(Bloomberg) -- BlackRock Inc. stuck agreements with Boaz Weinstein’s Saba Capital Management that will end the activist-hedge fund’s battle with BlackRock over dozens of closed-end funds whose ...
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 ...
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 ...
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 ...
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 ...
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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.