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Baillie Gifford US Growth Trust narrowly defeats Saba’s third oust attempt
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Baillie Gifford US Growth Trust narrowly defeats Saba’s third oust attempt
Baillie Gifford US Growth Trust has survived the third attempt by activist hedge fund Saba Capital to oust its board. Shareholders quashed the efforts of the Boaz Weinstein-run fund to take control of the £1.1bn investment trust by a narrow margin, with 52.8 per cent voting against Saba’s resolution to appoint three of its nominees [...]
23 Oct, 15:15
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