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

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

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

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

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 ...

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.

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

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

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

Lloyds Bank has made change to a decision to prevent shareholders of seven UK-listed investment trusts targeted by US hedge ...