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 ...

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

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

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

LONDON - In a decisive outcome, the shareholders of Herald Investment Trust PLC have voted against a series of proposed resolutions brought forward by activist investor Saba Capital. At the general ...

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

Investment trusts seem set for upheaval, in a shift that could offer opportunities for investors happy to take some risks.

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's (HRI:LSE) ...

Boaz Weinstein lost a crucial vote to gain control of Herald Investment Trust, marking the hedge fund manager’s first defeat in an unprecedented weekslong campaign against seven London-listed funds.

Round one in the battle over the future of seven investment trusts has gone to an existing board after shareholders in Herald IT rejected proposals from New York hedge fund Saba Capital to replace the ...

The boss of Saba Capital, an American hedge fund, was railing at fund managers in Britain’s venerable investment-trust ...