Two more investment trusts REJECT Saba takeover in fourth and fifth defeats
Saba has suffered its fourth and fifth consecutive defeat at the hands of investment trust investors after the shareholders of two more funds rejected its takeover proposals.
Investors in two more UK trusts reject activist Saba's campaign
Shareholders in two more British investment trusts dealt a further blow to Saba Capital's campaign to shake up the UK's 269 billion-pound ($334 billion) trust sector on Tuesday, after rejecting the U.
Investment trusts vote: Live coverage as Baillie Gifford US Growth and Keystone shareholders reject Saba
Saba Capital, a New York hedge fund that has requisitioned General Meetings at seven UK investment trusts, faces a crucial week as five trusts vote
Henderson Opportunities Trust investors reject Saba takeover in fourth defeat
Saba has suffered its fourth consecutive defeat at the hands of investment trust investors after HOT shareholders rejected the hedge fund's takeover proposals.
Double blow for Saba as trusts reject proposals
Shareholders in two more investment trusts have snubbed New York hedge fund Saba Capital's attempts to unseat their boards
Henderson Opportunities Trust shareholders reject Saba's proposals
LONDON - Shareholders of Henderson Opportunities Trust plc (LSE:HOT) have decisively voted against a series of resolutions proposed by activist investor Saba Capital Management at a general meeting held today.
Saba Capital wages war on underperforming British investment trusts
The boss of Saba Capital, an American hedge fund, was railing at fund managers in Britain’s venerable investment-trust industry. Mr Weinstein has picked seven trusts, overseeing £4bn ($5bn), whose performance he deems so abysmal that both boards and managers must be fired.
Fifth investment trust survives Saba attack
Keystone Positive Change, a poor performer that proposed to offer investors an exit before Saba's intervention late last year, saw around 60 per cent of the votes cast go against Saba. Just 0.8 per cent of non-Saba votes were made in favour of the proposals. Henderson Opportunities also comfortably survived.
Saba suffers further defeats in campaign to shake up UK trusts
Saba Capital suffered further setbacks in its campaign to shake up Britain's 269 billion pound ($332 billion) investment trust sector on Monday, after shareholders in two more trusts rejected the U.S.
Two more trusts defeat US raider: Investors reject Saba Capital plans for major shake-up
Baillie Gifford US Growth Trust and Keystone Positive Change investors opposed plans by Weinstein's firm Saba Capital to clear out the board.
Saba takeover rejected by Baillie Gifford US Growth and Keystone Positive Change investors
Saba has been handed a second and third defeat at the hands of UK investment trust investors, after USA and KPC shareholders ...
Esports Insider13h
BETBY to deliver esports-focused betting content to SABA Sports
Betting content provider BETBY has announced an esports-focused partnership with Asian sports gaming supplier SABA Sports.
BlackRock and Weinstein's Saba reach settlement in battle over closed-end funds
BlackRock and Saba Capital Management announced a standstill in a long-raging battle over the future of closed-end funds with ...
MoneyWeek13d
Herald shareholders reject Saba. Will other investment trusts follow suit?
Saba Capital’s attempt to take control of seven UK investment trusts has stumbled at its first hurdle, as Herald shareholders ...
Saba capital sells $398k in Nuveen New Jersey Quality Municipal Income Fund stock
Saba Capital Management, L.P., a significant shareholder of Nuveen New Jersey Quality Municipal Income Fund (NYSE:NXJ), has ...
FTAdviser1d
‘Saba Capital saga signals time for introspection’
The investment company sector has weathered many storms through its long history, but the recent Saba Capital saga has been more treacherous than most.
Everything you need to know about the Saba takeover - the Mail's latest coverage
Read all the latest news on Saba's takeover attack on investment trusts here. Wall Street raider Boaz Weinstein, pictured, is ...
The Milford Daily News4d
Frank Saba, who led Milford Regional Medical Center for 25 years, has died at 75
Francis "Frank" Saba led Milford Regional Medical Center as president and CEO for 25 years before his retirement in 2015.