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

BlackRock and Saba Capital Management announced a standstill in a long-raging battle over the future of closed-end funds with ...

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

Hedge fund manager Boaz Weinstein says that his proposal to unseat fund managers at seven UK investment trusts has already ...

Weinstein's firm Saba Capital had proposed that backers of the £1.3bn Herald Investment Trust vote to kick out the existing ...

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

Saba CEO confirmed the hedge fund would seek to merge trusts into a single vehicle and invest back into UK assets ...

BlackRock Inc. stuck agreements with Boaz Weinstein’s Saba Capital Management that will end the activist-hedge fund’s battle ...

Baillie Gifford partner Tom Slater, manager of the £12 billion Scottish Mortgage Investment Trust, last week revealed his personal opposition to Mr Weinstein’s attempt to oust the boards of the three ...

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.

As investment trust managers and industry experts accuse Saba of self-motivated opportunism, the hedge fund responds to ...

US hedge fund manager Boaz Weinstein is taking brickbats for highlighting the flaws of the UK’s sleepy investment-trust ...