Britain has resisted the American assault on its fund industry, but this war may end up being one of attrition. On Friday, ...

Saba Capital Management, L.P., a prominent investment firm, recently increased its holdings in the Eaton (NYSE:ETN) Vance New York Municipal Bond Fund (NYSE:ENX), a fund known for its impressive ...

In a recent transaction reported to the Securities and Exchange Commission, Saba Capital Management, L.P., a prominent investment management firm, sold a significant portion of its stake in BlackRock ...

News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, ...

Saba Capital Management has added more UK investment trusts to its activist campaign and plans to further shake up the sector ...

Saba Capital, a New York hedge fund that has requisitioned General Meetings at seven UK investment trusts, faces a crucial ...

It wants to create an open-ended version of the trust, despite the board already undergoing a strategic review ...

Saba’s minority stakes in UK investment trusts have a total value of $3.8bn, approximately. Leverage of 3x would be unremarkable for a hedge fund, suggesting $1.2bn of equity and $2.6bn of debt.

NEW YORK, February 03, 2025--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the "Fund"), a registered closed-end management investment company listed on the New York Stock Exchange ...

Edinburgh Worldwide Investment Trust Chair Jonathan Simpson-Dent said: "Edinburgh Worldwide's shareholders have spoken: they have rejected Saba Capital's proposal for a fundamentally different ...

Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend ...

The investment company sector has weathered many storms through its long history, but the recent Saba Capital saga has been more treacherous than most.