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

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

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) ...

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

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

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 ...

Wall Street financier Boaz Weinstein is proposing to replace directors at seven investment trusts with its own nominees ...

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

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

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 ...