NYSE:ASACapital Markets
The Bull Case For ASA Gold and Precious Metals (ASA) Could Change Following Adviser Shake-Up And Saba-Linked Governance Shift
In late June and early July 2026, ASA Gold and Precious Metals Limited removed Merk Investments as adviser, elevated Paul Kazarian to President and Principal Executive Officer, and shifted portfolio oversight to an internal Board-led investment committee tied to Saba Capital Management.
Former adviser Axel Merk has since urged SEC scrutiny, alleging misaligned interests, limited precious metals mining experience on the new committee, and serious governance concerns affecting shareholder...