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

Saba Capital, a New York hedge fund that has requisitioned General Meetings at seven UK investment trusts, faces a crucial ...

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

US activist investor Boaz Weinstein may have suffered a defeat in the first vote on his plans to shake up Britain's ...

Shareholders in five of the seven investment trusts under attack from New York hedge fund Saba Capital this week vote on its ...

Baillie Gifford partner Tom Slater, manager of the £12 billion Scottish Mortgage Investment Trust, last month revealed his personal opposition to Mr Weinstein’s attempt to oust the boards of the three ...

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

NEW YORK, January 22, 2025--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we") today issued the following statement regarding the announced ...

A 'bigger battle' looms after two Scottish investment trusts see off attempts to oust their boards from a US hedge fund manager ...

Round one in the battle over the future of seven investment trusts has gone to an existing board after shareholders in Herald ...

In an initial salvo, shareholders in Herald Investment Trust , the largest of the seven, voted decisively against Saba's bid to unseat its board last week. "Boards and managers have to take note ...