Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul ...

Saba Capital’s attempt to take control of seven UK investment trusts has stumbled at its first hurdle, as Herald shareholders ...

US activist Saba Capital has failed in its attempt to overthrow the board of Herald investment trust, dealing the first blow in its campaign against seven UK-listed closed-ended companies.

The board of the Herald Investment Trust has claimed victory over Saba Capital after shareholders rejected the hedge fund's ...

News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, Tax Shelters, Insurance bonds. Herald defeats Saba in the first shareholder b ...

Shareholders of Herald investment trust (HRI) have voted heavily against Saba Capital's eight proposed resolutions at the first of seven requisitioned general meetings to vote on the changes put ...

LONDON - In a decisive outcome, the shareholders of Herald Investment Trust PLC have voted against a series of proposed resolutions brought forward by activist investor Saba Capital. At the general ...

A US hedge fund that declared war on seven British investment trusts has failed to oust the board of one of its targets. Boaz ...

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.

Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we") today issued the following statement regarding the announced outcome of Herald Investment Trust PLC’s (HRI:LSE) ...

Saba Capital’s first battle over the board of a UK investment trust has failed, with investors widely rejecting its attempt ...

Saba, founded by Boaz Weinstein (pictured with ex-wife Tali Farhadian), is pushing to oust the boards on seven UK investment ...