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

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.

News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, ...

Shareholders in Edinburgh Worldwide Investment Trust today voted against a New York hedge fund's attempt to unseat the board, completing a clean sweep of trusts to reject the proposal.

LONDON - Edinburgh Worldwide Investment Trust plc (the "Company") announced today that its shareholders have voted against a series of resolutions proposed by Saba Capital Management L.P. to overhaul ...

Another Scottish investment trust has seen off an attempt by US-based hedge fund manager Boaz Weinstein to oust its board and take control of the fund. It has become the seventh investment trust in ...

Shareholders of the Edinburgh Worldwide investment trust (EWI) have voted against proposals from US activist investor Saba ...

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

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 ...

Crystal Amber (CRS) is the best performing UK small-cap closed-end fund over the past 12 months and three years, delivering a 35.2 per cent and 75.6 per cent total return, respectively, according to ...

Saba Capital Management, L.P., a prominent investment firm, recently increased its holdings in the Eaton (NYSE:ETN) Vance New York Municipal Bond Fund (NYSE:ENX), a fund known for its impressive ...