Activist investor Boaz Weinstein just threw a wrench into Baillie Gifford's plans. The fund manager wanted to merge two of its listed vehicles, but Weinstein's blocking it cold. This move shows how much leverage activist investors can wield over even established asset managers. When shareholders with significant stakes dig in their heels, corporate restructuring gets messy fast. Worth watching how this power play unfolds—activist campaigns are reshaping fund governance across markets.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes