Boaz Weinstein’s Saba Capital lost votes to gain control of two investment trusts run by Scottish growth investor Baillie ...
Baillie Gifford has renamed its £159m Sustainable Income fund to comply with the FCA's sustainability disclosure requirements ...
A US hedge fund tycoon has failed in his latest attempt to seize control of two UK investment funds after facing a backlash ...
Saba Capital has lost two more votes in the US hedge fund's campaign to take over a variety of UK investment trusts.
Saba Capital suffered a further setback in its bid to shake up the UK investment trust space, after it lost votes on the ...
Saba has been handed a second and third defeat at the hands of UK investment trust investors, after USA and KPC shareholders ...
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 ...
US activist hedge fund Saba Capital has been defeated in two general meetings at a pair of Baillie Gifford investment trusts ...
A 'bigger battle' looms after two Scottish investment trusts see off attempts to oust their boards from a US hedge fund manager ...
Keystone Positive Change Investment Trust PLC and Baillie Gifford US Growth Trust PLC on Monday said shareholders had rejected proposals by Saba Capital Management LP to oust their current boards, ...
Baillie Gifford US Growth Trust and Keystone Positive Change investors opposed plans by Weinstein's firm Saba Capital to ...
Shareholders in two more investment trusts have snubbed New York hedge fund Saba Capital's attempts to unseat their boards ...