Saba Capital’s attempt to take control of seven UK investment trusts has stumbled at its first hurdle, as Herald shareholders ...

Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul ...

Katie Potts (pictured) has led Herald Investment Trust since its inception 30 years ago and has been hailed for her backing ...

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

A US hedge fund that declared war on seven British investment trusts has failed to oust the board of one of its targets.

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

President Trump may not be able to intervene in such matters directly, even if he wished to do so, but shareholders can make ...

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

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

NEW YORK, January 22, 2025--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we") today issued the following statement regarding the announced ...

Round one in the battle over the future of seven investment trusts has gone to an existing board after shareholders in Herald ...

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