The board of the Herald Investment Trust has claimed victory over Saba Capital after shareholders rejected the hedge fund's attempt to seize control of the company.
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Saba Capital, a New York hedge fund that has requisitioned General Meetings at seven UK investment trusts, faces a crucial ...
Having covered the investment trust sector for decades, it was probably natural before Boaz Weinstein’s arrival on the scene to feel I had seen pretty much all forms of corporate activity and ...
LONDON, Jan 22 (Reuters) - Shareholders in Herald Investment Trust (HRI.L), opens new tab on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul its board, in a blow ...
Saba, founded by Boaz Weinstein (pictured with ex-wife Tali Farhadian), is pushing to oust the boards on seven UK investment trusts.
Katie Potts (pictured) has led Herald Investment Trust since its inception 30 years ago and has been hailed for her backing ...
There are still six General Meetings in the coming weeks, with an industry body warning that retail shareholders must use their votes ...
Round one in the battle over the future of seven investment trusts has gone to an existing board after shareholders in Herald ...
A 'bigger battle' looms after two Scottish investment trusts see off attempts to oust their boards from a US hedge fund manager ...
Hargreaves Lansdown has seen record shareholder voting activity in meetings requisitioned by US activist hedge fund Saba ...
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 ...