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 ...

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 ...

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

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.

Boaz Weinstein’s Saba Capital Management has lost the first of the votes it requisitioned to oust the boards of seven investment trusts, three of them in Scotland, and take control of these funds. New ...

"Saba" or "we") today issued the following statement regarding the announced outcome of Herald Investment Trust PLC’s (HRI:LSE) (the "Trust") Requisitioned General Meeting on 22 January 2025.

Activist campaigns targeting UK-listed investment trusts are nothing new, but Saba Capital’s latest effort stands out for its ...

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 ...