The Liberty All-Star Growth Fund (ASG), a closed-end fund investing across market caps, is currently trading at a significant discount due to both widening discount levels and relatively weak portfolio performance. While the fund has a stronger long-term track record, recent underperformance and competition from other income-focused ETFs have reduced investor demand. Activist investors such as Karpus, Saba, and Bulldog have increased their stakes in ASG, potentially pushing for changes to address the persistent discount. This situation highlights possible upcoming reforms aimed at improving the fund's valuation and investor appeal.
The Liberty All-Star Growth Fund (ASG) is noted for its deepening discount amid activist investor interest. For readers following US stocks, here is Pluang's market snapshot as of Sep 28, 2026 12:31 WIB: of 150 priced US stocks tradable on Pluang, 43 rose and 99 fell today. Notable price changes include PTON at USD 4.94 (+2.92%), WMB at USD 69.18 (-2.71%), and B at USD 41.80 (-2.52%).
1947 Oil & Gas PLC has started trading on the AIM market, raising about £30 million to fund its $65 million acquisition of Renaissance Offshore, a Houston-based company with assets in the US Gulf of America. The acquisition provides an immediate prod...
OCM Njord Holdings S.à r.l. has acquired 6,329,874 A shares in TORM plc, representing 6.17% of the company's total share capital and voting rights as of September 23, 2026. TORM plc is a major global carrier of refined oil products, known for its com...
Chainlink has experienced significant accumulation with major holders acquiring over 2.5 million LINK tokens in 10 days, while the Chainlink Reserve grew by nearly 374,000 LINK in September. The token currently trades around $14.33-$14.50, facing res...
Kioxia's stock split caused a systemwide settlement of its perpetual contract on Hyperliquid, closing old positions at $338.38. This resulted in realized losses of about $161,400 across eight major accounts, with four of the top five accounts exiting...
The XRP Ledger released an emergency update (version 3.4.1) to fix security-sensitive issues before the planned Batch upgrade on October 9. Validators are urged to upgrade immediately to avoid being blocked from network synchronization. The update in...
