Activist campaigns targeting UK-listed investment trusts are nothing new, but Saba Capital’s latest effort stands out for its ...
Investment trusts seem set for upheaval, in a shift that could offer opportunities for investors happy to take some risks.
Hargreaves Lansdown has seen record shareholder voting activity in meetings requisitioned by US activist hedge fund Saba ...
Investment trusts in the UK offer the chance to own shares in multiple companies, different currencies or other asset classes ...
Lloyds Bank has made change to a decision to prevent shareholders of seven UK-listed investment trusts targeted by US hedge ...
Amendments to company law would require platforms to opt in investors automatically to receive company information and voting rights ...
News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, Tax Shelters, Insurance bonds. The two trusts where I think Saba has the best ...
This week he was defeated in his attempt to take over the £1.2billion Herald Investment Trust – a victory for shareholder democracy. However, Darius McDermott, managing director of broker ...
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Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today issued the following statement regarding the announced outcome of Herald Investment Trust PLC ...