Saba Capital has requisitioned meetings at a further four investment trusts, with the US hedge fund aiming to convert each ...
They overwhelmingly rejected proposals by his hedge fund Saba Capital to oust their boards and replace them with his own allies.
US hedge fund Saba Capital triggered fury and an industry-wide defensive effort when it launched an activist campaign against seven UK investment trusts last month. The Manhattan-based hedge fund, led ...
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 ...
Saba Capital, a New York hedge fund that has requisitioned General Meetings at seven UK investment trusts, faces a crucial ...
Note: for the latest developments related to this story, see our live coverage of investment trust votes. With the investing industry in seemingly unanimous opposition, New York hedge fund Saba ...
Saba Capital has suffered the sixth defeat in its campaign against seven investment trust boards, after losing the European Smaller Companies vote.
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 ...
"The new Board would not meet the standards of both the UK Corporate Governance Code and AIC Code of Corporate Governance." If Saba’s nominees are elected, the Board of each Trust will be legally ...
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