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

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

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 ...

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 ...

Lloyds Bank has made change to a decision to prevent shareholders of seven UK-listed investment trusts targeted by US hedge ...

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

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.

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