News for Henderson Opportunities Trust (HOT.L)

Activist defeated again as more shareholders vote on trust takeovers.

Proxy advisors recommend against Henderson Trust resolutions

A new force in the industry, Saba Capital, is shaking things up with a raft of shareholder meetings.

Baillie Gifford posts fresh performance data as activist spat deepens

Baillie Gifford U.S. Growth Trust, battling plans by U.S. activist Saba Capital to shake up its board, unveiled fresh data on Tuesday to show it had outperformed the S&P 500 Index in sterling terms in the six months to Nov. 30. In response to Saba's allegations of consistent underperformance, Baillie Gifford said the company's share price and net asset value returned 40.9% and 29.4% respectively over the period, after deducting borrowings at fair value. This compared with a total return of 15.3% for the S&P 500Index in sterling terms, it said, dismissing Saba's proposals to place two of its own nominees on the board as a

US fund manager plans to impose its own boards, terminate existing mandates and use its own investment strategies

Saba Capital Releases Presentation Outlining Its Plan to Deliver Substantial Liquidity and Long-Term Returns at Seven U.K. Trusts

US hedge fund accuses managers of misleading claims, while UK investment bank hits back at its plans to install two-person boards

US hedge fund manager Boaz Weinstein is taking brickbats for highlighting the flaws of the UK’s sleepy investment-trust industry.

Saba Capital Shares Key Facts Demonstrating the Need for Shareholder-Driven Change at Seven U.K. Trusts

Saba Capital Management, L.P. (together with certain of its affiliates, ”œSaba” or ”œwe”), today issued the following statement regarding its support for

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

The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: ---------- Vanquis Banking Group PLC - Bradford, England-based...

MIGO Opportunities Trust plcHalf-Yearly Report for the six months ended 31 October 2023 ...