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Boaz Weinstein is calling for the removal of the entire board of a tech-focused fund managed by Baillie Gifford, in a bid to reverse what the activist investor sees as “unprecedented” value destruction. In a letter to the Edinburgh Worldwide Investment Trust’s board on Thursday, Weinstein — whose activist investment firm Saba Capital owns around … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US hedge fund boss Boaz Weinstein has said he wants to be a “white knight” for UK investors and the London stock market by buying into the £266bn investment trust sector. The founder of New … Read more
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