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

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

Hargreaves Lansdown has seen record shareholder voting activity in meetings requisitioned by US activist hedge fund Saba ...

Two hedge funds run respectively by a former Goldman Sachs partner and a prominent Boston economist have positioned ...

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

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

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

A US hedge fund that declared war on seven British investment trusts has failed to oust the board of one of its targets.

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

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

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