Baillie Gifford partner Tom Slater, manager of the £12 billion Scottish Mortgage Investment Trust, last month revealed his personal opposition to Mr Weinstein’s attempt to oust the boards of the three ...
This move follows the recent push by US activist Saba Capital, run by Boaz Weinstein, to overturn the entire boards at seven UK-listed investment trusts. This month Saba lost its first of these ...
Conventionally, business downplays characteristics that embarrass them. Investment trust discounts are a curious example of an industry doing the opposite ...