(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
(Alliance News) - The seven investments trusts called out for poor performance by Saba Capital Management LP defended themselves in statements issued on Wednesday and Thursday. Read More
(Alliance News) - Six of the seven investments trusts called out for poor performance by Saba Capital Management LP defended themselves in statements issued late on Wednesday. Read More
(Alliance News) - Saba Capital Management LP on Wednesday called on investors of seven investment trusts to oust current management after "underwhelming", and in some cases "disastrous" shareholder returns. Read More
(Alliance News) - Stock prices in London opened higher on Wednesday morning, as investors prepare for the week's cluster of rate calls to kick off with the US Federal Reserve's decision this afternoon. Read More
(Alliance News) - The FTSE 100 was called to open higher on Wednesday, as investors prepare for various interest rate decisions this week including from the UK and Japan. Read More
(Alliance News) - European Smaller Cos Trust PLC on Thursday said it was an exciting time for the European smaller company space, citing structural growth trends such as the green transition and artificial intelligence. Read More