Richard Stone, chief executive of the Association of Investment Companies (AIC), urges stakeholders in trusts to vote down ...

A smaller distance across the sea from the Scottish mainland, there are some brighter signs for the population of Arran following the arrival of ...

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

Trump’s foreign aid freeze “undermines American leadership and credibility around the world,” lawmakers tell Secretary of ...

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

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 ...