EU rules left the investment trust sector vulnerable to assault from US corporate raider Saba Capital, a former pensions minister has warned. Baroness Ros Altmann said Saba boss Boaz Weinstein was ...

Saba Capital nominates Boaz Weinstein to a fund board Henderson Opportunities, other trusts oppose Saba plan Saba criticizes Janus Henderson reconstruction scheme Jan 8 (Reuters) - Two British ...

Activist investor Saba Capital Management is currently targeting seven investment trusts but it has built stakes in many others – which begs the question of which trusts, if any, Saba will ...

Saba Capital is trying to overhaul the boards of seven trusts it has built substantial stakes in, including Herald, and impose itself as investment manager. The group has accused respective boards ...

Read the Truth About Saba’s Track Record, Objectives, Nominees and Plan to Deliver Substantial Liquidity and Long-Term Returns for All Shareholders Register for Webinar on 14 January at 1PM GMT ...

Part of the reason for the panic may have been that Saba took stakes, but did not immediately communicate what it wanted, raising fears about its long-term plans. Saba over the past few years has ...

The ingrained habit of many British investors of buying at the high and selling at the low partly explains the low stock market exposure of UK savers. True to form, when stock markets started ...

Saba Capital has revealed more of its long-term plans for the seven trusts it is seeking to take over, as it tables plans to merge multiple mandates if it wins upcoming shareholder votes. On an open ...

But to take advantage of these options, shareholders would first need to vote against Saba Capital’s resolutions at general meetings on 22 January for HOT and 5 February for European Smaller ...

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 ...

Seven investment trusts targeted by Saba Capital Management have issued scathing responses to the New York-based hedge fund and activist investor’s proposals to overhaul their management boards.

Investec analysts have joined the rally cry against Saba Capital and urged shareholders to “man the barricades against an egregious and opportunistic attack”. In a note published on Friday (10 January ...