Boaz Weinstein's Efforts to Seize BlackRock Funds: A Close Call

Friday, 28 June 2024, 20:33

The campaign led by Boaz Weinstein, founder of Saba Capital, to seize BlackRock funds met a stumbling block. Weinstein argued that the funds were underperforming compared to competitors and were undervalued in terms of their asset values. Despite his assertions, the attempt ultimately fell short.

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.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe