Herald investment trust’s (HRI) ongoing share buyback scheme has pushed activist hedge fund Saba Capital to exceed 30% of the ...

Since 1994, the investment trust has provided a return of around 2355 per cent, meaning a person who invested £1,000 in Herald back then would have £24,550 today.

Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”), which owns approximately 20.9% of Herald Investment Trust PLC ...

LONDON (Reuters) -Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul its board, in a blow to founder Boaz Weinstein's wider ...

Proxy advisers Glass Lewis and ISS had both urged Herald shareholders to back the trust’s board. Saba's plans for the investment trusts are to then merge 'some of or all' of the funds into a new ...

Contacts. Investor Contact Alliance Advisors Timothy Marshall / Adam Riches, 0800-102-6570 [email protected] Media Contact Longacre Square Partners Charlotte Kiaie / Kate Sylvester, +1-646 ...

Herald Investment Trust rejects Saba's proposal, touts past performance ...

Saba Capital’s attempt to take control of the Herald investment trust board is “potentially destroying value for all shareholders”, the investment company claimed. In a circular to shareholders ...

Shareholders of Herald Investment Trust voted down the Saba proposals by a significant margin late last month. And the crunch votes for two of the three Scottish trusts targeted by Saba, the ...

Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul its board, in a blow to founder Boaz Weinstein's wider push to shake-up ...

The board of Herald Investment Trust has claimed victory over Saba Capital after shareholders rejected the hedge fund’s attempt to seize control of the company.. Herald was the first of seven ...

LONDON (Reuters) -Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul its board, in a blow to founder Boaz Weinstein's wider ...