Other than Saba Capital, another leader in the industry of closed-end fund (CEF) activism is City of London Investment Group (CLIG), a UK-listed investment group.

CLIG (through its CEF arm called Karpus Investment Management) has been fighting BlackRock.

On 3 May 2024, CLIG successfully compelled a US$1 billion BlackRock CEF to buy back shares periodically.

We, Argyle Street Management, have crossed paths with CLIG. in 2015, CLIG was a major unitholder of HSBC China Dragon Fund (820 HK), the closed-end fund which our activism efforts resulted in massive buyback offers.

The CEF investor community is very small indeed.

Visit us:  UnlockValueChinaMerchants.com

Write to us:  ChinaMerchants@asmhk.com


除了Saba Capital,另一个封闭式基金积极股东投资市场上的领衔机构City of London Investment Group (“CLIG”)。CLIG是一个在英国上市的机构投资者。

CLIG (通过其封闭式基金投资主体 Karpus Investment Management)一直在与贝莱德(BlackRock)进行对抗

024年5月3日,CLIG成功迫使一只价值10亿美元的贝莱德封闭式基金定期回购股份。

我们Argyle Street Management此前也与CLIG有所交集。在2015年,CLIG是汇丰中国翔龙基金(820 HK)的重要份额持有人我们的积极行动使得汇丰基金进行了大规模的回购要约。

封闭式基金的社群确实是非常小。

访问我们:  UnlockValueChinaMerchants.com

电邮我们:  ChinaMerchants@asmhk.com

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