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 ...
Proxy voting advisers have continued their efforts to urge shareholders of the seven trusts targeted by Saba Capital to vote ...
Investment trusts in the UK offer the chance to own shares in multiple companies, different currencies or other asset classes ...
Manhattan-based activist hedge fund Saba Capital said it “remains committed to putting shareholders’ interests first” and ...
The boss of Saba Capital, an American hedge fund, was railing at fund managers in Britain’s venerable investment-trust ...
There are still six General Meetings in the coming weeks, with an industry body warning that retail shareholders must use ...
Herald Investment Trust boss Andrew Joy won't be breaking out the champagne yet despite an overwhelming victory over the US ...
(Alliance News) - Saba Capital Management LP on Wednesday said it would continue to press for change at Herald Investment Trust PLC after shareholders voted against a proposal from the New York hedge ...
LONDON (Reuters) -Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba ...
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’s attempt to take control of seven UK investment trusts has stumbled at its first hurdle, as Herald shareholders ...