Saba’s Weinstein fights back at criticism over trust plans
Saba CEO confirmed the hedge fund would seek to merge trusts into a single vehicle and invest back into UK assets
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Baillie Gifford
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Baillie Gifford: ‘We are appalled by Saba’s actions and conduct’
The US hedge fund’s ‘self-serving and destructive proposals’ are a veiled attempt to take effective control of UK trusts
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Trusts targeted by Saba campaign urge shareholders ‘take no action’
The US activist plans to replace the boards of seven trusts, in what some call an ‘entirely self-serving’ move
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Saba Capital launches campaign to replace seven investment trust boards
Activist investor is seeking to replace the boards of Baillie Gifford US Growth, Henderson Opportunities and more
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Yearsley: US Smaller Companies top November charts following election
Latin America and China worst-performing sectors for November
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Edinburgh Worldwide to undergo restructure following poor performance
Baillie Gifford is to change the £630m trust’s investment policy after its share price halved in three years
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Keystone Positive Change board considers folding into open-ended vehicle
Keystone Positive Change board is consulting over a potential rollover into the £1.8bn Baillie Gifford Positive Change fund
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FundCalibre awards 12 ratings
Artemis, Baillie Gifford and M&G strategies were among those named in FundCalibre’s latest ratings roundup
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Spot the Dog: Number of underperforming equity funds falls to 137
Strategies underexposed to tech and energy feature prominently in the bi-annual report
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Scottish Mortgage buybacks: ‘We’d rather be spending that money on new investments’
The trust is spending £40m a week on buybacks, following £311 payout to halve ‘uncomfortable’ stake held by Elliott
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Monks: Analysts weigh in after trust lags benchmark for third successive year
Monks share price return for the year to 30 April matches FTSE World Index at 19.1%
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AIC: Seraphim Space tops investment trust performance in H1
While Technology & Technology Innovation was the best performing sector in the first six months of the year