Katie Potts (pictured) has led Herald Investment Trust since its inception 30 years ago and has been hailed for her backing ...

A US hedge fund that declared war on seven British investment trusts has failed to oust the board of one of its targets.

Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul ...

Saba Capital’s attempt to take control of seven UK investment trusts has stumbled at its first hurdle, as Herald shareholders ...

Investment trusts seem set for upheaval, in a shift that could offer opportunities for investors happy to take some risks.

The board of the Herald Investment Trust has claimed victory over Saba Capital after shareholders rejected the hedge fund's ...

There are still six General Meetings in the coming weeks, with an industry body warning that retail shareholders must use ...

Boaz Weinstein lost a crucial vote to gain control of Herald Investment Trust, marking the hedge fund manager’s first defeat in an unprecedented weekslong campaign against seven London-listed funds.

Saba Capital Management, L.P. (together with certain of its affiliates, "Saba" or "we") today issued the following statement regarding the announced outcome of Herald Investment Trust PLC's (HRI:LSE) ...

Round one in the battle over the future of seven investment trusts has gone to an existing board after shareholders in Herald IT rejected proposals from New York hedge fund Saba Capital to replace the ...

U.S. activist investor Boaz Weinstein called on British critics opposing plans to unseat managers at seven underperforming UK ...

The boss of Saba Capital, an American hedge fund, was railing at fund managers in Britain’s venerable investment-trust ...