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Hedge fund Saba settles with BlackRock funds
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.
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.
1h
on MSN
BlackRock agrees deal with Saba to protect its trusts from coup chaos
BlackRock has revealed an agreement with activist hedge fund Saba Capital it hopes will protect its London-listed investment ...
5h
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 ...
1d
on MSN
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 ...
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 ...
6h
Saif Ali Khan’s home lit up like Diwali after his return, sister Saba Pataudi gives a shoutout to ‘hero’ nannies who kept family safe
Saif Ali Khan's sister Saba Pataudi shared a thank you note for the nannies of Saif Ali Khan and Kareena Kapoor's kids, ...
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 ...
4d
on MSN
The investment trust sector will never be the same after Saba's intervention, says MIKE SHEEN
Boaz Weinstein slammed the 'jingoism' of the British financial press and City figures earlier this week as he laid on an ...
2h
BlackRock Smaller Companies Trust Plc - Agreement with Saba
BlackRock Smaller Companies Trust Plc - Agreement with Saba PR Newswire LONDON, United Kingdom, January 22 BLACKROCK SMALLER COMPANIES TRUST PLC LEI:549300MS535KC2WH4082Agreement ...
Hosted on MSN
5h
"Bless you both": Saba Pataudi praises female staff who intervened to protect Saif, his family during burglary attempt at their residence
As Saif is recovering well, his family could not be happier. On Tuesday, his sister
Saba
Pataudi took to Instagram and gave ...
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Saif Ali Khan
BlackRock
Boaz Weinstein
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