The battle for control over several investment products is heating up between hedge-fund manager Boaz Weinstein and BlackRock, a prominent asset manager. Weinstein’s hedge fund, Saba Capital Management, has been acquiring shares in three of BlackRock’s closed-end funds that are trading below their underlying asset value.
![](https://krugmaninsights.com/wp-content/uploads/2023/08/blackrock-1-1024x512.jpg)