Two trusts run by Baillie Gifford, Keystone Positive Change and Baillie Gifford US Growth, voted today to reject Saba’s proposal to unseat their boards and replace them with Saba-backed members.

US activist hedge fund Saba Capital has been defeated in two general meetings at a pair of Baillie Gifford investment trusts today (3 February). Over 60% of shareholders at Keystone Positive Change ...

LONDON, Jan 21 (Reuters) - Baillie Gifford U.S. Growth Trust (USAB.L), opens new tab, battling plans by U.S. activist Saba Capital to shake up its board, unveiled fresh data on Tuesday to show it ...

The Baillie Gifford-managed investment trust is up 21.94% over the last year, as it continues to recover from the brutal 2022 sell-off, when the tech crash knocked 50% of its share price.