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

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

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

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

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

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

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

Conventionally, business downplays characteristics that embarrass them. Investment trust discounts are a curious example of an industry doing the opposite ...

Saba, founded by Boaz Weinstein (pictured with ex-wife Tali Farhadian), is pushing to oust the boards on seven UK investment ...

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

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

"Saba" or "we") today issued the following statement regarding the announced outcome of Herald Investment Trust PLC’s (HRI:LSE) (the "Trust") Requisitioned General Meeting on 22 January 2025.