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 ...

BlackRock and Saba Capital Management announced a standstill in a long-raging battle over the future of closed-end funds with ...

Investment trusts seem set for upheaval, in a shift that could offer opportunities for investors happy to take some risks.

Boaz Weinstein, founder of Saba Capital Management, has a passion for arbitrage investing in closed-end funds. As he turns to ...

Weinstein's firm Saba Capital had proposed that backers of the £1.3bn Herald Investment Trust vote to kick out the existing ...

BlackRock Inc. stuck agreements with Boaz Weinstein’s Saba Capital Management that will end the activist-hedge fund’s battle ...

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 ...

As investment trust managers and industry experts accuse Saba of self-motivated opportunism, the hedge fund responds to ...

US hedge fund Saba has ruffled feathers by forcing shareholder votes on proposals to oust board members and merge a set of ...