Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul ...
The boss of Saba Capital, an American hedge fund, was railing at fund managers in Britain’s venerable investment-trust ...
Saba Capital is proposing to replace directors at seven investment trusts with its own nominees, saying leaders have 'failed ...
BlackRock and Saba Capital Management announced a standstill in a long-raging battle over the future of closed-end funds with ...
Boaz Weinstein, founder of Saba Capital Management, has a passion for arbitrage investing in closed-end funds. As he turns to ...
BlackRock Inc. stuck agreements with Boaz Weinstein’s Saba Capital Management that will end the activist-hedge fund’s battle ...
Weinstein's firm Saba Capital had proposed that backers of the £1.3bn Herald Investment Trust vote to kick out the existing ...
Hedge fund manager Boaz Weinstein says that his proposal to unseat fund managers at seven UK investment trusts has already ...
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.
Baillie Gifford partner Tom Slater, manager of the £12 billion Scottish Mortgage Investment Trust, last week revealed his personal opposition to Mr Weinstein’s attempt to oust the boards of the three ...
U.S. activist investor Boaz Weinstein called on British critics opposing plans to unseat managers at seven underperforming UK ...
The agreement lasts for three proxy seasons. "This is a monumental outcome for shareholders," Saba's founder Boaz Weinstein wrote on social media platform X. He said the settlement shows how ...