Bloomberg News Story: Wall Street Managers Pile Into Closed-End Funds on Discounts | November 2023
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Money managers ranging from Boaz Weinstein’s Saba Capital Management to AQR Capital Management are pouncing on historic dislocations in a normally sleepy corner of the investment world.
Diligent Market Intelligence (DMI) speaks with Phillip Goldstein and Andrew Dakos of Bulldog Investors | October 2023
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Bulldog has invested in closed-end funds (CEFs) since the 1990s, and launched activist campaigns at around 80 of them, often with an emphasis on how they are managed.
It’s Open Season on Closed-End Fund Activists. How Fund Holders Can Win—and Lose. | Barron's | July 2021
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The Templeton Global Income fund frustrated investors for years. Despite star manager Michael Hasenstab at the helm, the closed-end fund returned an average of 0.3% annually in the past decade, versus an average 7% for peers in global income.
The Popularity and Risks in Special Purpose Acquisition Companies (SPACs) | The Curmudgeon | February 2021
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The ongoing all asset mania, courtesy of the Fed and global central banks, is like the energy bunny that keeps on ticking without ever needing a recharge. Using stronger language, it is like an orgy of lemmings that never ends.