Boaz Weinstein's Efforts to Seize BlackRock Funds: A Close Call
Friday, 28 June 2024, 20:33
Boaz Weinstein's Campaign to Seize BlackRock Funds Falls Short
Saba Capital founder, Boaz Weinstein, launched a campaign to seize BlackRock funds, citing underperformance and undervaluation.
Important Points:
- Weinstein argued that the funds underperformed competitors.
- The funds traded at a discount to their asset values as per Weinstein's assessment.
Despite his efforts, the campaign did not achieve its desired outcome.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.