Trust chiefs step up attack on US activist as one warns of an attempted 'asset grab'
Saba Capital is calling for a shake-up of seven London-listed investment trusts which collectively have a market value of ...
MoneyWeek1d
“Self-interested and misleading”: investment trusts hit back at Saba's proposals
Managers of the investment trusts targeted by activist investor Saba have urged shareholders to vote against plans to replace ...
Investment Week4d
Saba's Boaz Weinstein hits back at Herald trust and defends its abilities to outperform current management
Founder and chief investment officer of Saba Capital Boaz Weinstein has come out in defence of his company in one of the ...
Fund managers warn City watchdog over power grab of UK trusts by US hedge fund
Saba, run by Boaz Weinstein (pictured), has proposed replace trust directors with its own nominees, saying leaders have ...
Fund managers to warn FCA over US activist’s plans to shake up UK trusts
Fund managers are warning the Financial Conduct Authority that plans by US activist Boaz Weinstein to take over seven UK investment trusts leave shareholders in the dark about how their money will be ...
Saba proposal to overhaul UK investment trusts rejected by two more funds
Two British investment trusts run by Janus Henderson urged investors on Wednesday to reject a Saba Capital Management proposal to replace their entire boards, a change they said would effectively cede ...
Trust bosses hit out at US activist's plan to shake up their boards and replace fund managers
Saba Capital, run by Boaz Weinstein (pictured with wife Tali), has called meetings at seven trusts to replace their directors ...