Saba Capital and Herald Investment Trust strike deal in activism pause
opalesque
1 month ago
30 views
Saba Capital has reached an agreement with Herald Investment Trust that pauses an activist campaign targeting the investment trust sector. The arrangement comes after increasing scrutiny of discount levels and governance practices within UK-listed investment trusts, where activist hedge funds have b...
Continue Reading
Sign up for FREE to read the full article and access 132K+ alternative investment headlines.