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Scottish Mortgage's Tom Slater plans to vote against Saba at Baillie Gifford meetings
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Speaking at the Scottish Mortgage Forum hosted in London today (16 January), Slater said that as a shareholder of all three of the Baillie Gifford trusts on Saba's hit list – Baillie Gifford US Growth, Edinburgh Worldwide and Keystone Positive Change – he would be voting in line with the respective boards. Saba has targeted seven trusts, including the aforementioned, and utilised its position as a major shareholder in each to call a requisition vote in an attempt to have the boards replaced with Saba-vetted persons and recalibrate the trusts investment processes. Slater said «from a p...
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