An American hedge fund has suffered an initial defeat as it looks to take on seven UK-based investment trusts, with over 99 per cent of votes by other shareholders going against them. Boaz Weinstein’s ...
US hedge fund Saba Capital triggered fury and an industry-wide defensive effort when it launched an activist campaign against ...
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'The UK needs this': Saba boss claims investment trust coup will revitalise the UK market
The hedge fund behind a planned takeover of seven London-listed investment trusts has revealed plans for a new strategy it claims will help revitalise the entire sector. Saba Capital is attempting to ...
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”), today addressed the misleading claims made recently by Baillie Gifford US Growth ...
This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...
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