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Saba, BlackRock
BlackRock and Weinstein's Saba reach settlement in battle over closed-end funds
BlackRock and Saba Capital Management announced a standstill in a long-raging battle over the future of closed-end funds with the asset manager buying back shares in two portfolios and the hedge fund dropping demands for deep management changes.
Hedge fund Saba settles with BlackRock funds after activist battle
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 closed-end fund industry.
Saba Capital: Does the US hedge fund have a point on UK investment trusts?
Saba Capital launched an activist offensive against seven UK investment trusts last month, with the deciding votes quickly approaching.
BlackRock, Weinstein Reach Truce in Feud Over Closed-End Funds
BlackRock Inc. reached an agreement to repurchase shares of two of its largest closed-end funds, following a multiyear campaign by Boaz Weinstein’s Saba Capital Management arguing the vehicles performed poorly and harmed investors.
33m
on MSN
Investment trust discounts are nothing to be afraid of, despite Saba's claims: THE INVESTMENT ANALYST
As a new analyst, I was taught that one of the attractive features of investment trusts was the discounts: you can buy 100p ...
1h
Saif Ali Khan's Sister Saba Pataudi Applauds "Unsung Heroes" After Actor's Attack
Saif Ali Khan was discharged from Lilavati Hospital in Mumbai on Tuesday. He was attacked by an intruder at his Bandra home.
6h
Saif Ali Khan's sister Saba praises two female staffers for their bravery on the day of attack at her actor brother
Saif Ali Khan's sister Saba Ali Khan posted pictures of the two female staffers who bravely faced the intruder on the night ...
5d
on MSN
The seven investment trusts facing Saba's raid: What you need to know (and are they really a 'Miserable 7'?)
Saba, run by Wall Street financier Boaz Weinstein (pictured with ex wife Tali Farhadian), needs to win at least 50% support ...
1d
on MSN
Saif Ali Khan's sister Saba gives an update on his health: 'Happy to see him stay positive and recover gradually'
Saba Ali Khan met her brother Saif Ali Khan days after he was stabbed at his residence in Mumbai. Here's what she wrote about ...
MoneyWeek
12d
Saba Investments - why it sees an opportunity in UK investment trusts
Max King looks at why ever-widening discounts may have created an opportunity for Saba Investments in the UK world of ...
1d
on MSN
Investment trusts make final investor pleas ahead of Saba takeover votes
European Smaller Companies Trust and Edinburgh Worldwide have followed investment trust peers in making their final pleas to ...
7d
Saba's Weinstein takes swing at critics of plan to tackle UK investment trusts
U.S. activist investor Boaz Weinstein called on British critics opposing plans to unseat managers at seven underperforming UK ...
9d
Saba Capital Shares Key Facts Demonstrating the Need for Shareholder-Driven Change at Seven U.K. Trusts
Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we"), today addressed the misleading claims made recently by Baillie Gifford US Growth Trust PLC (USA:LSE), CQS ...
portfolio-adviser.com
2h
BlackRock enters pact with Saba to ‘not seek to control or influence the board’
Trusts managed by BlackRock have been assured by Saba that it would not oust and replace their boards, as it has with other ...
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Saif Ali Khan
BlackRock
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