Herald investors vote against Boaz Weinstein's revamp plan
Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul its board, in a blow to founder Boaz Weinstein's wider push to shake-up the UK's 269 billion pound ($333 billion) trust sector.
Herald Investment Trust shareholders vote AGAINST Saba takeover
The board of the Herald Investment Trust has claimed victory over Saba Capital after shareholders rejected the hedge fund's attempt to seize control of the company.
Herald Investment Trust shareholders reject activist proposals
LONDON - In a decisive outcome, the shareholders of Herald Investment Trust PLC have voted against a series of proposed resolutions brought forward by activist investor Saba Capital. At the general meeting held today,
Herald defeats Saba in the first shareholder battle of seven
News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, Tax Shelters, Insurance bonds. Herald defeats Saba in the first shareholder b
Saba Capital loses first investment trust takeover vote
There are still six General Meetings in the coming weeks, with an industry body warning that retail shareholders must use their votes
Saba Capital Comments on Herald Investment Trust PLC's Requisitioned General Meeting
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) (the "Trust") Requisitioned General Meeting on 22 January 2025.
Boaz Weinstein Loses First UK Investment Trust Vote Showdown (2)
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.
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Herald shareholders vote down Saba proposals
Saba Capital’s attempt to take control of seven UK investment trusts has stumbled at its first hurdle, as Herald shareholders ...
US hedge fund fails in battle with UK investment trust
A US hedge fund that declared war on seven British investment trusts has failed to oust the board of one of its targets.
Showdown in the City: Legendary stock picker goes head-to-head with Wall St raider in battle over future of London's investment trusts
Katie Potts (pictured) has led Herald Investment Trust since its inception 30 years ago and has been hailed for her backing ...
Saba Capital falls at first hurdle in activist trust campaign
Saba Capital has had its first battle over whether it can despose the board of a UK investment trust against Herald ...