Saba wants to replace directors at seven investment trusts with own nomineesIt has stakes in each firm ranging from 19…
Saba has built stakes in UK trusts sitting on high discounts to net asset value By MIKE SHEEN Updated: 09:20 GMT,…
Herald was first of seven trusts to face a vote on Saba takeover proposals By MIKE SHEEN Updated: 15:56 GMT, 22…
By LIVE COMMENTARY Updated: 14:56 GMT, 22 January 2025 Government borrowing came in far higher than expected in December as…
By CALUM MUIRHEAD Updated: 22:02 GMT, 20 January 2025 An investment trust targeted by Saba Capital has warned it faces…
The boards of The European Smaller Companies Trust and Edinburgh Worldwide have followed investment trust peers in making their final…
By CALUM MUIRHEAD Updated: 09:40 GMT, 16 January 2025 A US activist trying to take over seven London-listed investment trusts…
Hedge fund CEO says UK ‘sorely needs’ Saba as investors shun market By MIKE SHEEN Updated: 11:51 EST, 14 January 2025…
By CALUM MUIRHEAD Updated: 17:07 EST, 13 January 2025 The head of an investment trust under siege from a US…
An activist investor is hoping to seize control of seven underperforming London-listed investment trusts after urging shareholders on Wednesday to…