Hosted on MSN1mon
Two more trusts defeat US raider: Investors reject Saba Capital plans for major shake-up
Wall Street raider Boaz Weinstein has suffered a stinging defeat after shareholders once again decisively rejected his plans to oust the boards of two investment trusts. Baillie Gifford US Growth ...
Reuters2mon
Saba Capital Income & Opportunities Fund II
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 ...
Hosted on MSN2mon
Trust bosses hit out at US activist's plan to shake up their boards and replace fund managers
City investment trust bosses have hit back against a US hedge fund’s attempt to shake up their boards and replace their fund managers. Saba Capital, run by activist investor Boaz Weinstein ...
Reuters1mon
Herald Investment Trust PLC
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 ...
Investment Week1mon
Friday Briefing: Investment trusts do need a shake-up, but Saba is going about it the wrong way
US activist investor Saba Capital is nowhere near done with the world of investment trusts. It has a back-up plan after losing all requisitioned meetings at seven trusts in the last few weeks. In the ...