Hi, I’m Merryn Somerset Webb, Bloomberg UK Wealth’s editor-at-large. Every Saturday, I’ll bring you micro to macro thoughts on your money and investments. I welcome your feedback.
If you’re involved at all in finance, investing or wealth management in the UK, you know there’s only one story worth talking about this week. It’s the saga of US-based Saba Capital Management, outspoken American founder Boaz Weinstein and his ongoing efforts to disrupt Britain’s investment trust industry. Earlier this week, Bloomberg’s Money Distilled author John Stepek interviewed Weinstein on the Merryn Talks Money podcast. Their extremely interesting conversation takes you through the action so far, and if the volume of responses is any testament, is very much worth your time.