(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Tuesday published a circular urging its shareholders to vote against the Saba Capital Management LP resolutions ahead of the company's requisitioned general meeting. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Wednesday said it has received a requisition request from Saba Capital Management LP which calls for the removal of all six independent non-executive directors and their replacement with three US-based nominees selected by Saba. Read More
(Alliance News) - UK inflation slows more than expected in November and Bunzl reaffirms its 2025 outlook, while Greencore's takeover of Bakkavor clears a key regulatory hurdle. Read More
(Alliance News) - UK inflation slows more than expected in November and Bunzl reaffirms its 2025 outlook, while Greencore's takeover of Bakkavor clears a key regulatory hurdle. Read More
(Alliance News) - The FTSE 100 fell on Tuesday, weighed down by falls in defence and oil stocks, and after mixed economic data in the UK and US. Read More
(Alliance News) - Four large London-listed growth stock investment trusts on Tuesday said their net asset values got a boost from a raised valuation for Elon Musk's Space Exploration Technologies Corp. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Thursday warned its shareholders to "not be fooled" in a response to a second call from activist investor Saba Capital Management LP to replace its board. Read More
(Correcting Saba quote.) Read More
(Alliance News) - Baillie Gifford US Growth Trust PLC and Edinburgh Worldwide Investment Trust PLC on Tuesday outlined a proposed merger, but the tie-up was derailed by activist investor Saba Capital Management LP. Read More
(Alliance News) - Stock prices in London opened slightly higher on Tuesday, with bank shares offering early support as European markets nudged upward. Read More
(Alliance News) - Baillie Gifford US Growth Trust PLC and Edinburgh Worldwide Investment Trust PLC on Tuesday outlined a proposed merger, but the tie-up was derailed by activist investor Saba Capital Management LP. Read More
(Alliance News) - UK house price inflation eases in November but edges higher month-on-month, Nationwide says, while Endeavour Mining sets a five-year target to discover up to 15 million ounces of new resources. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Thursday responded to calls from agitator investor Saba Capital Management LP to replace its board. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Wednesday announced a dip in net asset value amid "significant volatility" but noted a strong funded order backlog for one of its largest detractors. Read More
(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
(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
(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) - 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