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    Home > Finance > We have already made UK investors hundreds of millions of pounds through our actions, says Weinstein
    Finance

    We have already made UK investors hundreds of millions of pounds through our actions, says Weinstein

    Published by Global Banking & Finance Review®

    Posted on January 14, 2025

    1 min read

    Last updated: January 27, 2026

    Boaz Weinstein, activist investor from Saba Capital Management, presents his strategy to tackle underperforming UK investment trusts, emphasizing the need for change and investor value. This image highlights his recent remarks on the UK finance landscape.
    Boaz Weinstein discusses plans to improve UK investment trusts - Global Banking & Finance Review
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    Quick Summary

    Boaz Weinstein's proposal to change fund managers at UK investment trusts has already resulted in millions of pounds in gains for investors through narrower discounts.

    Weinstein's Strategy Yields Millions for UK Investors

    LONDON (Reuters) - Hedge fund manager Boaz Weinstein says that his proposal to unseat fund managers at seven UK investment trusts has already made UK investors millions of pounds through narrower discounts.

    "We bought, we bought these funds when people wanted to sell them and have caused the price to go up," said Weinstein in a public presentation on Tuesday to investors ahead of crucial votes on their future management.

    (Reporting by Nell Mackenzie, Editing by Sinead Cruise)

    Key Takeaways

    • •Boaz Weinstein targets UK investment trusts.
    • •His actions have narrowed discounts significantly.
    • •UK investors have gained millions of pounds.
    • •Weinstein's proposal involves unseating fund managers.
    • •Upcoming votes will decide future management.

    Frequently Asked Questions about We have already made UK investors hundreds of millions of pounds through our actions, says Weinstein

    1What is the main topic?

    The article discusses Boaz Weinstein's impact on UK investment trusts, leading to significant financial gains for investors.

    2How have UK investors benefited?

    Investors have seen millions in gains due to narrower discounts on investment trusts influenced by Weinstein's actions.

    3Who is Boaz Weinstein?

    Boaz Weinstein is a hedge fund manager proposing changes in management for UK investment trusts.

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