According to a Morgan Stanley (NYSE: MS) prime brokerage note, hedge funds now hold the highest levels of Chinese stocks in a year, though allocations remain low by historical standards. The U.S.
Hedge funds currently own the most Chinese stock they have in 12 months but relative to history, levels remain low, Morgan ...
Britain's investment trust sector needs to work harder on narrowing its discount gap to avoid potentially hostile takeovers, ...
The recent turmoil and extensive discounts have created new existential threats, which could be terminal if nobody speaks up for the value ...
Having been defeated by seven UK investment trusts’ shareholders, Saba’s new approach poses the question of what investment ...
Edinburgh Worldwide Investment trust shareholders vote down Saba proposals, in a clean sweep of Saba's requisitions ...
Britain has resisted the American assault on its fund industry, but this war may end up being one of attrition. On Friday, ...
Edinburgh Worldwide Investment Trust Chair Jonathan Simpson-Dent said: "Edinburgh Worldwide's shareholders have spoken: they have rejected Saba Capital's proposal for a fundamentally different ...
Activist hedge fund manager Boaz Weinstein’s campaign against seven UK investment trusts has resulted in a series of very ...
In a recent transaction reported to the Securities and Exchange Commission, Saba Capital Management, L.P., a prominent investment management firm, sold a significant portion of its stake in BlackRock ...
Saba Capital Management, L.P., a prominent investment firm, recently increased its holdings in the Eaton (NYSE:ETN) Vance New York Municipal Bond Fund (NYSE:ENX), a fund known for its impressive ...
It wants to create an open-ended version of the trust, despite the board already undergoing a strategic review ...