Britain has resisted the American assault on its fund industry, but this war may end up being one of attrition. On Friday, ...
It wants to create an open-ended version of the trust, despite the board already undergoing a strategic review ...
The Saba saga has raised concerns about the challenges faced by private shareholders wanting to cast their votes.
Saba Capital, a New York hedge fund that has requisitioned General Meetings at seven UK investment trusts, faces a crucial ...
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 ...
NEW YORK, February 03, 2025--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the "Fund"), a registered closed-end management investment company listed on the New York Stock Exchange ...
Saba Capital has suffered the sixth defeat in its campaign against seven investment trust boards, after losing the European Smaller Companies vote.
News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, Tax Shelters, Insurance bonds. European Smaller Companies trust fends off Sab ...
Baroness Ros Altmann said Saba was able to 'take advantage' of EU rules that made London trusts seem more expensive than was really the case.
Peel Hunt has estimated an average of only 35 per cent of shares vote on corporate policy. Saba’s stake in the trusts, which ranges between 19 and 29 per cent, will therefore mean it has a ...