Nell Mackenzie

1 week ago | katcountry989.com | Nell Mackenzie

By Nell MackenzieLONDON (Reuters) – Activist hedge fund Saba Capital Management has reached a restructuring deal with another of the UK investment trusts it has targeted in a longstanding campaign to achieve higher returns. Saba said on Wednesday it had agreed with CQS Natural Resources Growth & Income that the investment trust will offer investors a cash exit for their shares at full value, or if enough investors stick with the fund, it will raise dividends and lower management fees.

1 week ago | reuters.com | Nell Mackenzie

Boaz Weinstein, founder and CIO of Saba Capital Management LP, speaks during the 13D Monitor's Active-Passive Investor Summit in New York City, U.S., October 17, 2023. REUTERS/Brendan McDermid/File Photo LONDON, May 28 (Reuters) - Activist hedge fund Saba Capital Management has reached a restructuring deal with another of the UK investment trusts it has targeted in a longstanding campaign to achieve higher returns.

1 week ago | marketscreener.com | Nell Mackenzie |Johann M Cherian

LONDON/SINGAPORE (Reuters) -Global markets climbed on Monday and the euro rallied after U.S. President Donald Trump kicked his threat to slap 50% tariffs on European Union goods into July, marking another temporary trade policy reprieve. MSCI's broadest index of world shares rose 0.2%.

3 weeks ago | reuters.com | Nell Mackenzie

LONDON, May 16 (Reuters) - A former senior employee is suing the hedge fund he worked for, claiming bullying and unfair dismissal, in a case that is being heard by a London employment tribunal. Jacopo Moretti is seeking damages from DL and Partners, its star manager Davide Leone, and four other directors of the hedge fund, which once oversaw as much as $1.5 billion. Sign up here.

4 weeks ago | bilyonaryo.com | Nell Mackenzie

SOURCE: Reuters World stocks near 6-week highs on trade optimism U.S. deal with UK is first since Trump’s tariff pause U.S. officials to meet with Chinese negotiators on Saturday Bitcoin leaps to highest since January; Brent crude up almost 2% Chip shares rise in Japan, Taiwan; China stocks struggle By Nell Mackenzie LONDON, May 9 (Reuters) – World stocks hovered near their highest levels in six weeks on Friday after a U.S. trade deal with Britain fueled guarded optimism for progress in...