Glass Lewis and ISS were joined by PIRC on Friday in urging investors at Baillie Gifford US Growth Trust PLC to reject the proposals. On Thursday, Glass Lewis called on shareholders in The European ...
The boss of Saba Capital, an American hedge fund, was railing at fund managers in Britain’s venerable investment-trust ...
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.
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) ...
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 ...
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 ...
The board of the Herald Investment Trust has claimed victory over Saba Capital after shareholders rejected the hedge fund's ...
(Alliance News) - Herald Investment Trust PLC on Wednesday said shareholders had "unanimously" rejected proposals by Saba Capital LP to oust the current board. The investment trust said 65% of ...
Outside of Saba's shares, only 0.15% of the votes cast were in favour of Saba's proposals to replace the trust's board ...
LONDON (Reuters) - Baillie Gifford U.S. Growth Trust, battling plans by U.S. activist Saba Capital to shake up its board, ...
The U.S. Internal Revenue Service has launched a probe into whether financial services firm Trident Trust Group helped ...