Today news
About the same in other media
Herald investment trust hits back at Saba over attempt to oust its board
Reading now: 745
In a circular to shareholders published today (3 January), Herald's board strongly urged its investors to vote against Saba's proposed changes, adding that «the board believes that, since its inception, Saba has materially underperformed Herald». Herald is the largest of the seven UK-listed trusts targeted by the US activist hedge fund, and its board slammed the attempt by Boaz Weinstein's hedge fund to seize control of its board as «opportunistic». Saba slammed for 'obvious flaw' in strategy to oust boards of seven investment trusts In the circular, Herald warned its shareholders...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Israeli airstrike hits a Gaza humanitarian zone as Netanyahu OKs a delegation to talks in Qatar economictimes.indiatimes.com /2 days ago
Companies expected to increase Gen AI investments by half this year livemint.com /4 days ago
Best investment strategy to grow wealth can be actually quite simple: This American janitor made a fortune using it economictimes.indiatimes.com /6 days ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
