Saba Capital’s attempt to take control of seven UK investment trusts has stumbled at its first hurdle, as Herald shareholders ...

Hargreaves Lansdown has seen record shareholder voting activity in meetings requisitioned by US activist hedge fund Saba ...

Two hedge funds run respectively by a former Goldman Sachs partner and a prominent Boston economist have positioned ...

Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul ...

Richard Stone, chief executive of the Association of Investment Companies (AIC), urges stakeholders in trusts to vote down ...

Katie Potts (pictured) has led Herald Investment Trust since its inception 30 years ago and has been hailed for her backing ...

ISS, a US independent proxy adviser, has hit back against Saba Capital's proposed takeover of the Herald investment trust.

There are still six General Meetings in the coming weeks, with an industry body warning that retail shareholders must use ...

A US hedge fund that declared war on seven British investment trusts has failed to oust the board of one of its targets.

The board of the Herald Investment Trust has claimed victory over Saba Capital after shareholders rejected the hedge fund's ...

Investment trusts seem set for upheaval, in a shift that could offer opportunities for investors happy to take some risks.

Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we") today issued the following statement regarding the announced outcome of Herald Investment Trust PLC’s (HRI:LSE) ...