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 ...
BlackRock Inc. stuck agreements with Boaz Weinstein’s Saba Capital Management that will end the activist-hedge fund’s battle ...
LONDON (Reuters) - Baillie Gifford U.S. Growth Trust, battling plans by U.S. activist Saba Capital to shake up its board, ...
Weinstein's firm Saba Capital had proposed that backers of the £1.3bn Herald Investment Trust vote to kick out the existing ...
Boaz Weinstein, founder of Saba Capital Management, has a passion for arbitrage investing in closed-end funds. As he turns to ...
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.
Saba Capital has had its first battle over whether it can despose the board of a UK investment trust against Herald ...
BlackRock Inc. reached an agreement to repurchase shares of two of its largest closed-end funds, following a multiyear ...
Saba Capital launched an activist offensive against seven UK investment trusts last month, with the deciding votes quickly ...