Saba Capital has suffered the sixth defeat in its attempt to remove the boards of seven investment trust boards after European Smaller Companies Trust shareholders voted to side with the current board ...
Shareholders in two more British investment trusts dealt a further blow to Saba Capital's campaign to shake up the UK's 269 billion-pound ($334 billion) trust sector on Tuesday, after rejecting the U.
Henderson Opportunities (HOT) and CQS Natural Resources Growth & Income trusts have sided with their current, respective boards against the attempts by US activist hedge fund Saba Capital to replace ...
Keystone Positive Change, a poor performer that proposed to offer investors an exit before Saba's intervention late last year, saw around 60 per cent of the votes cast go against Saba. Just 0.8 per ...
Saba has suffered its fourth consecutive defeat at the hands of investment trust investors after HOT shareholders rejected ...
A 'bigger battle' looms after two Scottish investment trusts see off attempts to oust their boards from a US hedge fund manager ...
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 ...
Boaz Weinstein’s Saba Capital lost votes to gain control of two investment trusts run by Scottish growth investor Baillie ...
Saba Capital suffered a further setback in its bid to shake up the UK investment trust space, after it lost votes on the ...
Baillie Gifford has renamed its £159m Sustainable Income fund to comply with the FCA's sustainability disclosure requirements ...
Saba Capital, a New York hedge fund that has requisitioned General Meetings at seven UK investment trusts, faces a crucial ...