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Saba's Boaz Weinstein hits back at Herald trust and defends its abilities to outperform current management
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Back on 18 December, the US hedge fund published a letter calling out CQS Natural Resources Growth & Income, Edinburgh Worldwide, Henderson Opportunities and European Smaller Companies trust, Herald Investment Trust (HRI), Baillie Gifford US Growth Trust and Keystone Positive Change and requisitioning general meetings of shareholders at all seven firms to reconstitute their respective boards of directors. Herald investment trust hits back at Saba over attempt to oust its board In the letter, Saba claimed the current boards had failed to hold the respective investment managers accounta...
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Read more on investmentweek.co.ukAbout this in other media
Baillie Gifford's Edinburgh Worldwide board deems Saba notice invalid as it stands by team investmentweek.co.uk /4 days ago
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Herald investment trust hits back at Saba over attempt to oust its board investmentweek.co.uk /4 days ago
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