(Alliance News) - Herald Investment Trust PLC on Thursday said it believes it can achieve excellent returns as it posted a solid increase in net asset value amid a boom in artificial intelligence. Read More
(Alliance News) - Saba Capital Management LP on Wednesday said it would continue to press for change at Herald Investment Trust PLC after shareholders voted against a proposal from the New York hedge fund. Read More
(Alliance News) - Herald Investment Trust PLC on Wednesday said shareholders had "unanimously" rejected proposals by Saba Capital LP to oust the current board. 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
Herald Investment Trust PLC - London-based investor in technology, media and communications companies - Says independent proxy adviser Glass Lewis recommends shareholders vote against Saba Capital Management LP resolutions at January 22 general meeting. Saba has requisitioned general meetings at seven trusts and nominated representatives to replace existing directors. Read More
(Alliance News) - Herald Investment Trust PLC on Tuesday reiterated its opposition to a takeover proposal by Saba Capital Management LP, citing an independent recommendation. 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) - 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) - Saba Capital Management LP on Monday pushed back on claims made by two of its investees, as the company 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) - London's FTSE 100 is called to open slightly lower on Friday, after emerging from the new year with a hefty rise on Thursday. 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) - 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