Shareholders in two more investment trusts have snubbed New York hedge fund Saba Capital's attempts to unseat their boards ...

Two more investment trusts have fought off a takeover attempt by a Wall Street raider as he failed again to drum up support for his plans.

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.

Diageo, home to Johnnie Walker, has struggled. Legacy problems in Latin America, where there was overstocking, were an early ...