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LONDON - Edinburgh Worldwide Investment Trust plc (the "Company") announced today that its shareholders have voted against a series of resolutions proposed by Saba Capital Management L.P. to overhaul ...
Saba Capital has withdrawn its second requisition notice on Janus Henderson's European Smaller Companies trust (ESCT) after ...
15hon MSN
In a recent transaction, Saba Capital Management, L.P. sold 109,365 shares of BlackRock (NYSE:BLK) Capital Allocation Term Trust (NYSE:BCAT) at an average price of $15.69 per share. The trust, ...
Opinion
Friday Briefing: Investment trusts do need a shake-up, but Saba is going about it the wrong wayUS activist investor Saba Capital is nowhere near done with the world of investment trusts. It has a back-up plan after losing all requisitioned meetings at seven trusts in the last few weeks.
Saba Capital has requisitioned meetings at a further four investment trusts, with the US hedge fund aiming to convert each ...
SABA Capital Income & Opportunities Fund II offers flexible strategies and strong performance in volatile markets, making it ...
Saba’s minority stakes in UK investment trusts have a total value of $3.8bn, approximately. Leverage of 3x would be ...
It wants to create an open-ended version of the trust, despite the board already undergoing a strategic review ...
Saba Capital’s Boaz Weinstein has made a public callout to House of Lords representative Ros Altmann for a meeting regarding ...
Saba Capital Management has added more UK investment trusts to its activist campaign and plans to further shake up the sector ...
Edinburgh Worldwide Investment Trust Chair Jonathan Simpson-Dent said: "Edinburgh Worldwide's shareholders have spoken: they have rejected Saba Capital's proposal for a fundamentally different ...
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