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 ...

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

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 ...

This move follows the recent push by US activist Saba Capital, run by Boaz Weinstein, to overturn the entire boards at seven UK-listed investment trusts. This month Saba lost its first of these ...

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

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 ...

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

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

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