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 ...

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

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 ...

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

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) ...

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

"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.

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

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