SABA Capital Income & Opportunities Fund II offers flexible strategies and strong performance in volatile markets, making it ...
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Shareholders of the Edinburgh Worldwide investment trust (EWI) have voted against proposals from US activist investor Saba ...
Saba Capital Management has added more UK investment trusts to its activist campaign and plans to further shake up the sector ...
Hedge-fund manager Boaz Weinstein isn’t backing down in his uphill battle against the $300 billion U.K. investment-trust ...
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today announced its intention to requisition the Boards of Directors (the ...
Saba Capital has requisitioned meetings at a further four investment trusts, with the US hedge fund aiming to convert each ...
US activist investor Saba Capital is nowhere near done with the world of investment trusts. It has a back-up plan after losing all requisitioned meetings at seven trusts in the last few weeks.
It wants to create an open-ended version of the trust, despite the board already undergoing a strategic review ...
Britain has resisted the American assault on its fund industry, but this war may end up being one of attrition. On Friday, ...
Saba’s minority stakes in UK investment trusts have a total value of $3.8bn, approximately. Leverage of 3x would be unremarkable for a hedge fund, suggesting $1.2bn of equity and $2.6bn of debt.