Make sure your investment trust vote is counted in light of ongoing controversy
Richard Stone, chief executive of the Association of Investment Companies (AIC), urges stakeholders in trusts to vote down ...
Opinion
Arran ferry hopes rise as Scotland looks across Atlantic
A smaller distance across the sea from the Scottish mainland, there are some brighter signs for the population of Arran following the arrival of ...
RUTH SUNDERLAND: Investors must vote to see off cynical Saba Capital
Weinstein's bid to oust directors of Herald Investment Trust was stymied by independent investors. But his campaign remains a ...
Lloyds blocks votes on trust board shake-up: Fury over 'dereliction of duty' by Scottish Widows amid fears US raider Saba could be victorious
Saba Capital is proposing to replace directors at seven investment trusts with its own nominees, saying leaders have 'failed ...
Industry governance firms urge investment trusts to reject Saba plans
Glass Lewis and ISS were joined by PIRC on Friday in urging investors at Baillie Gifford US Growth Trust PLC to reject the proposals. On Thursday, Glass Lewis called on shareholders in The European ...
Investment Week3d
Proxy advisers continue to side against Saba ahead of further general meetings
Proxy voting advisers have continued their efforts to urge shareholders of the seven trusts targeted by Saba Capital to vote ...
American hedge fund Saba suffers early defeat in attack on seven UK investment trusts
Investment trusts in the UK offer the chance to own shares in multiple companies, different currencies or other asset classes ...
Investment Week4d
Saba shows no signs of stopping despite Herald defeat as 'the battle is still far from over'
Manhattan-based activist hedge fund Saba Capital said it “remains committed to putting shareholders’ interests first” and ...
The Economist4d
Saba Capital wages war on underperforming British investment trusts
The boss of Saba Capital, an American hedge fund, was railing at fund managers in Britain’s venerable investment-trust ...
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 ...
Buy4d
UPDATE: Saba to continue to pursue change despite losing Herald vote
(Alliance News) - Saba Capital Management LP on Wednesday said it would continue to press for change at Herald Investment Trust PLC after shareholders voted against a proposal from the New York hedge ...