City minister to hear Baillie Gifford trust chair complaints over Saba campaign

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City AM

City minister to hear Baillie Gifford trust chair complaints over Saba campaign

The City minister has offered to meet the chair of Baillie Gifford’s US Growth to discuss potential safeguards for the investment trust industry, after the FTSE 250 trust was swept up in a years-long activist campaign waged by US hedge fund Saba Capital. Lucy Rigby is hoping to meet US Growth (USA) chair Tom Burnet [...]