Michael Sarner has been appointed president and CEO, succeeding Bowen Diehl, who will continue to serve the company in an ...

Britain's investment trust sector needs to work harder on narrowing its discount gap to avoid potentially hostile takeovers, ...

Having been defeated by seven UK investment trusts’ shareholders, Saba’s new approach poses the question of what investment ...

Edinburgh Worldwide Investment trust shareholders vote down Saba proposals, in a clean sweep of Saba's requisitions ...

Britain has resisted the American assault on its fund industry, but this war may end up being one of attrition. On Friday, ...

Edinburgh Worldwide Investment Trust Chair Jonathan Simpson-Dent said: "Edinburgh Worldwide's shareholders have spoken: they have rejected Saba Capital's proposal for a fundamentally different ...

Activist hedge fund manager Boaz Weinstein’s campaign against seven UK investment trusts has resulted in a series of very ...

In a recent transaction, Saba Capital Management, L.P., a significant stakeholder in abrdn Life Sciences Investors (NYSE:HQL), sold 36,536 shares of the company's common stock. The shares were sold at ...

In a recent transaction reported to the Securities and Exchange Commission, Saba Capital Management, L.P., a prominent investment management firm, sold a significant portion of its stake in BlackRock ...

The market had a solid two years back to back, and to kick off 2025, January also saw some of that same upside momentum ...

It wants to create an open-ended version of the trust, despite the board already undergoing a strategic review ...

Saba Capital Management has added more UK investment trusts to its activist campaign and plans to further shake up the sector ...