Saba Capital is proposing to replace directors at seven investment trusts with its own nominees, saying leaders have 'failed ...

Glass Lewis and ISS were joined by PIRC on Friday in urging investors at Baillie Gifford US Growth Trust PLC to reject the proposals. On Thursday, Glass Lewis called on shareholders in The European ...

Proxy voting advisers have continued their efforts to urge shareholders of the seven trusts targeted by Saba Capital to vote ...

Investment trusts in the UK offer the chance to own shares in multiple companies, different currencies or other asset classes ...

The boss of Saba Capital, an American hedge fund, was railing at fund managers in Britain’s venerable investment-trust ...

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

BlackRock Inc. stuck agreements with Boaz Weinstein’s Saba Capital Management that will end the activist-hedge fund’s battle ...

Herald Investment Trust boss Andrew Joy won't be breaking out the champagne yet despite an overwhelming victory over the US ...

Weinstein's firm Saba Capital had proposed that backers of the £1.3bn Herald Investment Trust vote to kick out the existing ...

(Alliance News) - Saba Capital Management LP on Wednesday said it would continue to press for change at Herald Investment Trust PLC after shareholders voted against a proposal from the New York hedge ...

Boaz Weinstein lost a crucial vote to gain control of Herald Investment Trust, marking the hedge fund manager’s first defeat in an unprecedented weekslong campaign against seven London-listed funds.

Saba Capital has lost its attempt to oust the board at Herald (HRI), offering some hope to the other six trusts set for a showdown with the activist early next month.