(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Friday said none of the resolutions proposed by Saba Capital Management LP were passed at a requisitioned board meeting. Read More
European Smaller Cos Trust PLC - London-based investor in smaller European firms - Says Saba Capital Management LP has agreed to withdraw its second requisition notice to call a general meeting for 30 days. Says it has "engaged in constructive discussions" with Saba. The pause will allow the two companies to enter "good-faith negotiations" to find a resolution that benefits all shareholders, it says. Read More
(Alliance News) - Middlefield Canadian Income PCC on Thursday advises shareholders to take "no action at this time", in response to Saba Capital Management LP's requisitioning of a general meeting. Read More
(Alliance News) - Saba Capital Management LP on Monday said it intends to requisition general meetings at four trusts, targeting proposals for liquidity at net asset value and the transition of the trusts to open-ended funds. Read More
(Correcting erroneous fund manager citation) Read More
(Alliance News) - European Smaller Companies Trust PLC on Tuesday said an independent advisor supported the board's opposition to Saba Capital Management LP's plans for a board reshuffle. Read More
(Alliance News) - Industry governance experts on Friday called on shareholders in several investment trusts to vote against plans proposed by US hedge fund Saba Capital Management LP. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Monday called on investors to reject plans by Saba Capital Management LP as it reported a rise in net asset value. Read More
(Alliance News) - The FTSE 100 was called to open down on Monday morning, ahead of Donald Trump's first day as 47th US president. Read More
(Alliance News) - Saba Capital Management LP on Monday addressed "misleading" claims as it continues to push for management change at seven investment trusts. Read More
(Alliance News) - Herald Investment Trust PLC on Thursday urged shareholders to vote against resolutions proposed by Saba Capital Management LP at the upcoming general meeting, citing the hedge fund’s track record of underperformance and the potential for significant value loss under its proposed strategy. Read More
(Alliance News) - Saba Capital Management LP on Thursday offered shareholders of Herald Investment Trust PLC a full cash exit at 99% of net asset value if Saba's attempts to reconfigure the board are successful. Read More
(Alliance News) - European Smaller Cos Trust PLC on Wednesday warned that Saba Capital Ltd was seeking to "take control" of the firm by restructuring the board. Read More
(Alliance News) - London's FTSE 100 is set for a tepid open on Wednesday morning, ahead of US jobs data and Federal Reserve meeting minutes later. Read More
(Alliance News) - London's FTSE 100 is set for a tepid open on Wednesday morning, ahead of US jobs data and Federal Reserve meeting minutes later. Read More
(Alliance News) - Keystone Positive Change Investment Trust PLC on Tuesday said Saba Capital Management LP has "dramatically overstated" its underperformance, as Saba aims to drive management shake-ups at several "underwhelming" firms in its portfolio. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Monday asked shareholders to vote against motions proposed by Saba Capital Management LP, which criticised "underwhelming" performance at seven London-listed trusts last month. Read More
(Alliance News) - Keystone Positive Change Investment Trust PLC on Monday urged shareholders to vote against motions proposed by Saba Capital Management LP, which criticised "underwhelming" performance at seven London-listed trusts. Read More
(Alliance News) - Herald Investment Trust PLC on Friday urged shareholders to vote against motions proposed by Saba Capital Management LP, which had last month hit out at an "underwhelming" performance at a number of London-listed trusts. Read More
(Alliance News) - European Smaller Cos Trust PLC on Monday urged shareholders to vote against proposals put forward by Saba Capital Management LP, calling claims of underperformance "inaccurate". Read More