Herald investors vote against Boaz Weinstein's revamp plan
Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul ...
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Saba Capital wages war on underperforming British investment trusts
The boss of Saba Capital, an American hedge fund, was railing at fund managers in Britain’s venerable investment-trust ...
Lloyds blocks votes on trust board shake-up
Saba Capital is proposing to replace directors at seven investment trusts with its own nominees, saying leaders have 'failed ...
A U.S. Hedge-Fund Star Wants to Rescue British Investors. They Should Thank Him and Leave.
Boaz Weinstein, founder of Saba Capital Management, has a passion for arbitrage investing in closed-end funds. As he turns to ...
We have already made UK investors hundreds of millions of pounds through our actions, says Weinstein
Hedge fund manager Boaz Weinstein says that his proposal to unseat fund managers at seven UK investment trusts has already ...
Victory for shareholder democracy: Herald investors reject power grab by Wall Street raider Boaz Weinstein
Weinstein's firm Saba Capital had proposed that backers of the £1.3bn Herald Investment Trust vote to kick out the existing ...
Boaz Weinstein Loses First UK Investment Trust Vote Showdown (2)
Boaz Weinstein lost a crucial vote to gain control of Herald Investment Trust, marking the hedge fund manager’s first defeat in an unprecedented weekslong campaign against seven London-listed funds.
American hedge fund Saba suffers early defeat in attack on seven UK investment trusts
Investment trusts in the UK offer the chance to own shares in multiple companies, different currencies or other asset classes ...
Lessons from Boaz assault: Other trusts must not be complacent about fighting off US raider, warns ALEX BRUMMER
Herald Investment Trust boss Andrew Joy won't be breaking out the champagne yet despite an overwhelming victory over the US ...