U.S. activist investor Boaz Weinstein may have suffered a defeat in the first vote on his plans to shake up Britain's ...

Boaz Weinstein's audacious raid on the City's sleepy £267 billion investment trust sector has rattled the Square Mile. But ...

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

The fate of two investment trusts will be decided as they face down an attempted coup by Wall Street carpet-bagger Weinstein.

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

BlackRock Inc. stuck agreements with Boaz Weinstein’s Saba Capital Management that will end the activist-hedge fund’s battle ...

Conventionally, business downplays characteristics that embarrass them. Investment trust discounts are a curious example of an industry doing the opposite ...

Weinstein's firm Saba Capital had proposed that backers of the £1.3bn Herald Investment Trust vote to kick out the existing ...

Investment trusts in the UK offer the chance to own shares in multiple companies, different currencies or other asset classes ...

Saba Capital launched an activist offensive against seven UK investment trusts last month, with the deciding votes quickly ...