‘Your Fund Is Under Attack': BlackRock Fights to Repel Saba Raid [Yahoo! Finance]
Saba Capital Income & Opportunities Fund SBI (BRW)
Company Research
Source: Yahoo! Finance
It contained none of the formulaic language or inscrutable fine print typically packed into these sorts of statements. No, this was a call to arms. Most Read from Bloomberg Saudi Arabia Steps Up Arrests Of Those Attacking Israel Online Apple Rallies on Upbeat Forecast, Record-Setting Buyback Turkey Confirms All Trade Halt With Israel Over War in Gaza Huawei Secretly Backs US Research, Awarding Millions in Prizes In Jamie Dimon's America, the Stock Market Has Already Voted “Your fund is under attack,” the headline screamed in bold print. The attacker: Boaz Weinstein, the sharp-elbowed Wall Street money manager who says price distortions in funds run by BlackRock and others are cheating investors out of billions of dollars, and they need to be eliminated. This has turned into something of a crusade for Weinstein. Last month, his hedge fund, Saba Capital Management, launched a frenetic bid to have investors remove BlackRock as manager of six funds overseeing about $10 bil
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News
- ‘Your Fund Is Under Attack': BlackRock Fights to Repel Saba Raid [Yahoo! Finance Canada]Yahoo! Finance Canada
- ‘Your Fund Is Under Attack': BlackRock Fights to Repel Saba Raid [BNN Bloomberg (Canada)]BNN Bloomberg
- BRW Announces $0.085 DividendBusiness Wire
- BRW Announces Notification of Sources of DistributionsBusiness Wire
- BRW Announces $0.085 DividendBusiness Wire
BRW
Sec Filings
- 5/6/24 - Form 3
- 4/16/24 - Form 144
- 4/16/24 - Form 144
- BRW's page on the SEC website