Saba Capital activist Boaz Weinstein calls for removal of Baillie Gifford-run tech investment trust’s entire board

Saba Capital activist Boaz Weinstein calls for removal of Baillie Gifford-run tech investment trust’s entire board

Boaz Weinstein is calling for the removal of the entire board of a tech-focused fund managed by Baillie Gifford, in a bid to reverse what the activist investor sees as “unprecedented” value destruction. In a letter to the Edinburgh Worldwide Investment Trust’s board on Thursday, Weinstein — whose activist investment firm Saba Capital owns around … Read more

Tom Steyer is running for California governor as a populist billionaire

Tom Steyer is running for California governor as a populist billionaire

Tom Steyer, co-chair of Galvanize Climate Solutions, speaks during the Aspen Ideas: Climate conference in Miami Beach, Florida, US, on Monday, March 6, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images Billionaire businessman and activist Tom Steyer, who once self-financed an unsuccessful White House campaign and spent his own money advocating for President Donald Trump’s impeachment, has launched his bid … Read more

A simple reason why the market’s biggest investors say they aren’t worried about AI bubble, tech stock selling

A simple reason why the market’s biggest investors say they aren’t worried about AI bubble, tech stock selling

Bill Ford (L) Chairman and CEO of General Atlantic, and Philippe Laffont (R) founder and portfolio manager of Coatue Management, speak during CNBC’s Delivering Alpha event in New York City on Nov. 13, 2025. Adam Jeffery | CNBC The biggest investors in the world often have a greater focus on the private than public markets, … Read more

No one leaving New York City because of Mamdani, say two top real estate CEOs

No one leaving New York City because of Mamdani, say two top real estate CEOs

Scott Rechler, RXR Chairman and CEO, and Bill Rudin, Rudin Management Co-Chairman, speaking at CNBC’s Delivering Alpha event in New York on Nov. 13th, 2025. Adam Jeffery | CNBC New York Mayor-elect Zohran Mamdani’s views have sparked fears that there will be an exodus of companies and capital from the city. But two of the … Read more