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.

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

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

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) ...

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

Saba Capital is proposing to replace directors at seven investment trusts with its own nominees, saying leaders have 'failed ...

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

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.

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

LONDON (Reuters) - Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul its board, in a blow to founder Boaz Weinstein's ...