Saba Capital buys $175k in Ellsworth Growth & Income Fund (ECF)

Saba Capital buys $175k in Ellsworth Growth & Income Fund (ECF)

Saba Capital buys $175k in Ellsworth Growth & Income Fund (ECF)
Key insight: As the president continues his effort to remove Federal Reserve Gov. Lisa Cook from her post at the Federal Reserve Board for cause, both he and the courts have little precedent to draw upon for guidance. Expert quote: “I wonder if the Supreme Court preserved some discretion for itself by not going into…
The prime London property market has improved over the last 12 months as the economic backdrop stabilises, Knight Frank data reveals. The data shows the number of transactions was 14% higher across the capital in the three months to July, while the rise was 3% in prime central London (PCL). Activity was subdued last year…
NCM operates from Edinburgh, London, Jersey, and Guernsey. Credit: Alicia97/ Shutterstock.com. Standish Management has agreed to acquire NCM Fund Services, which provides fund administration for alternative investment funds. NCM operates from Edinburgh, London, Jersey, and Guernsey. Access deeper industry intelligence Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise. Find…
SpaceX’s initial public offering (IPO) was a landmark moment for many investors, opening up a new galaxy of opportunities. Its historic June debut saw the space exploration company valued at $1.77 trillion at its IPO and its share price surging by 50% in the first three days of trading. . SpaceX’s (NASDAQ:SPCX) share price has…
Private credit has become one of the most talked-about asset classes in investing. Unfortunately, it has also become one of the most misunderstood. Open any financial publication today, and you’ll see a familiar list of concerns: rising defaults, gated funds, AI-related software losses, refinancing pressures, consumer credit risks and warnings about systemic liquidity. Some commentators…
Residents in the small borough of Kenilworth, NJ are taking to the streets to rally against the ongoing construction of a massive $1.8 billion AI data center that is being built by the cloud computing company CoreWeave. Concerns over electricity and water usage, pollution, noise, and other issues have residents fearful that their new neighbor…