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Saba Launches Campaign to Improve the Boards of 10 Poorly Governed and ... - Morningstar

Retrieved on: 2024-03-06 19:40:34

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Saba Launches Campaign to Improve the Boards of 10 Poorly Governed and ... - Morningstar. View article details on hiswai:

Summary

Saba Capital Management has initiated a campaign to improve governance at BlackRock-managed funds, citing underperformance and poor governance. Saba has filed a lawsuit and nominated new board members for election, emphasizing corporate governance and capital markets experience.

Article found on: www.morningstar.com

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