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Saba Capital pulls back curtain on plans to merge investment trusts following shareholder meetings
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On an open webinar call today (14 January), CEO and founder of Saba Boaz Weinstein addressed the attendees and players in his firm's campaign to revamp the Baillie Gifford US Growth (USA); CQS Natural Resources Growth & Income (CYN); Edinburgh Worldwide (EWI); European Smaller Companies (ESCT); Henderson Opportunities trust (HOT); Herald (HRI) and Keystone Positive Change (KPC) investment trusts. Saba accuses all seven trusts of 'misleading claims' about its requisitioned meetings On 18 December 2024, Saba published a letter calling for requisitioned general meetings, grounded on Wein...
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