US hedge fund tycoon defeated in bid to take over City funds
A US hedge fund tycoon has failed in his latest attempt to seize control of two UK investment funds after facing a backlash ...
Investors in two more UK trusts reject activist Saba's campaign
Shareholders in two more British investment trusts dealt a further blow to Saba Capital's campaign to shake up the UK's 269 billion-pound ($334 billion) trust sector on Tuesday, after rejecting the U.
Two more trusts defeat US raider: Investors reject Saba Capital plans for major shake-up
Baillie Gifford US Growth Trust and Keystone Positive Change investors opposed plans by Weinstein's firm Saba Capital to ...
'Bigger battle' looms for Scottish investment trust after crunch votes
A 'bigger battle' looms after two Scottish investment trusts see off attempts to oust their boards from a US hedge fund manager ...
Red card for greedy intruder: The battle against Saba shows shareholder democracy at its best: ALEX BRUMMER
The effort by financier Boaz Weinstein (pictured) to decapitate Britain's £266bn investment trust industry so far has proved ...
Saba Capital Management sells $525k in abrdn Life Sciences stock
NEW YORK—Saba Capital Management, L.P., a prominent investment firm led by Boaz Weinstein, has disclosed the sale of a significant portion of its holdings in abrdn Life Sciences Investors (NYSE:HQL), ...
Tuesday newspaper round-up: AstraZeneca, Thames Water, Funding Circle
The UK’s science minister, Chris Bryant, has described AstraZeneca’s decision to scrap plans for a £450m expansion of its ...
Diageo pulls guidance on Trump tariffs, Vodafone revenue falls in Germany
London open The FTSE 100 is expected to open 15 points lower on Tuesday, having closed down 1.04% on Monday at 8,583.56.