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.

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

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 ...

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

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

Manhattan activist hedge fund Saba Capital has agreed a settlement with BlackRock following months of activism from Boaz ...

The pound was quoted at USD1.2358 at midday on Wednesday in London, higher compared to USD1.2319 at the equities close on Tuesday. The euro stood higher at USD1.0445, against USD1.0417. Against the ...

Lombard Odier Investment Managers launches new product with DOM Global Macro team, who joined from Credit Suisse ...

(Alliance News) - Two FTSE 250 investment trusts managed by Blackrock Inc on Wednesday signed deals with Saba Capital Management LP, amid spats between Saba and a number of London-listed investment ...

BlackRock Taxable Municipal Bond Trust (NYSE:BBN) disclosed in an SEC filing on January 21, 2025, that the company, along with its Investment Advisor, BlackRock Advisors, LLC, has entered into a ...

BlackRock has revealed an agreement with activist hedge fund Saba Capital it hopes will protect its London-listed investment ...

Trusts managed by BlackRock have been assured by Saba that it would not oust and replace their boards, as it has with other ...