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How activism in Britain holds lessons for American closed-end investors

How activism in Britain holds lessons for American closed-end investors

The NAVigator · Active Investment Company Alliance

February 21, 202512m 48s

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Show Notes

Richard Stone, Chief Executive Officer for The Association of Investment Companies — the British equivalent to the Active Investment Company Alliance — discusses the similarities and differences in the closed-end fund industry between the two countries, and how activist investors, most notably U.S. based closed-end powerhouse Saba Capital, have struggled to gain traction in boardroom battles.