“We do not believe that the fund, in light of its corporate governance history, should be extended beyond its originally ...
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 ...
We agree with the board that this remains in the best interests of shareholders, particularly as Saba’s proposals raise serious corporate governance concerns given the non-independence of the ...
US hedge fund Saba Capital launched an attack on seven UK investment trusts in December - seeking to seize control, remove their boards and change how they invest. The hedge fund, led by founder ...
Around 40 per cent of the Migo portfolio is held in the shares of equity trusts, with 19 per cent in property, 14 per cent in private equity and 17 per cent in other 'alternatives'. AVI Global, its ...
Below a recent FT Alphaville story on Saba Capital, the US activist hedge fund that’s been failing to seize control of a bunch of UK investment trusts, reader Yokel 2.0 asked: Agreed!
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 ...