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 ...

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

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.

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

Herald Investment Trust boss Andrew Joy won't be breaking out the champagne yet despite an overwhelming victory over the US ...

Saba Capital has had its first battle over whether it can despose the board of a UK investment trust against Herald ...

Given that Saba prefers trusts where a discount is "clean", ie where there is some clarity about the valuations on the ...

Manhattan activist hedge fund Saba Capital has agreed a settlement with BlackRock following months of activism from Boaz ...

The National Highway Traffic Safety Administration said on Wednesday that General Motors is recalling about 2,890 Chevrolet ...