BlackRock and Saba Capital Management announced a standstill in a long-raging battle over the future of closed-end funds with ...
BlackRock Inc. stuck agreements with Boaz Weinstein’s Saba Capital Management that will end the activist-hedge fund’s battle ...
BlackRock Inc. reached an agreement to repurchase shares of two of its largest closed-end funds, following a multiyear ...
Boaz Weinstein’s Saba Capital has agreed to halt its activist battle against 50 BlackRock funds in exchange for a tender offer at two of them, as the hedge fund wages a broader war against the ...
Katie Potts (pictured) has led Herald Investment Trust since its inception 30 years ago and has been hailed for her backing ...
Edison is not the only concerned party to raise alarms around this matter – the Association of Investment Companies (AIC) ...
A host of Blackrock-run investment trusts has made a peace deal with hedge fund Saba Capital, amid its activist campaign ...
US hedge fund Saba Capital triggered fury and an industry-wide defensive effort when it launched an activist campaign against ...
Today's AGM of the Herald Investment Trust, the first of Seven being targeted by Boaz Weinstein (pictured), allows investors ...
Following this acquisition, Saba Capital's total ownership in the fund increased to 2,095,894 shares. The transaction was executed under the indirect ownership of Saba Capital Management, with Boaz ...
It is strange that CEFs aren’t more popular, and while I’d love to give you a simple explanation as to why, the reality is that it’s a mix of misaligned incentives.