Its shift of investment strategy, ‘disrupting’ tender offer and pressure from activist shareholders has led to ‘waning ...
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange ...
The Wall Street tycoon’s hedge fund Saba Capital has taken out short positions against eight firms, effectively betting that their share prices will fall. Disclosures on shorts issued by the ...
Activist investor Saba Capital has taken short positions against some key UK companies, including beloved Harry Potter publisher Bloomsbury, despite previously claiming to be the “white knight ...
Montanaro UK Smaller Companies (MTU) has bought back £19m worth of shares, in a move analysts expect will lead to the exit of US activist hedge fund Saba Capital.
US activist hedge fund Saba Capital has agreed to withdraw its requisition notice at another of the four investment trusts targeted in its ‘Plan B’ campaign. In a stock exchange notice last week (21 ...
In a recent transaction, Saba Capital Management, L.P., a prominent investment firm, acquired a significant number of shares in New Germany Fund Inc. (NYSE:GF). The acquisition involved 24,957 shares, ...
Last year the trust’s share price was 26.4% higher, although this is likely thanks to Saba Capital buying shares. Perhaps more importantly, its NAV rose 12.1% during this time. “The board ...
Readers could be forgiven for feeling a little bored of the Saba Capital saga, but the battle and its knock-on effects have continued to play out in recent weeks, even after the activist lost all ...
I believe that this increase was driven by the prior activist campaigns that were launched from Saba Capital Management. Saba called out that many of the BlackRock funds suffered from a large ...
Saba Capital Management's track record as a steward is mixed, leading to an Average Parent Pillar rating. However, an area of strength for the firm is that they've delivered strong risk-adjusted ...
US hedge fund Saba Capital launched an attack on seven UK investment trusts in December - seeking to seize control, remove their boards and change how they invest. The hedge fund, led by founder ...