Herald Investment trust refers Saba activism to FCA

'Deplores' Saba's approach

Linus Uhlig
clock • 3 min read

Herald Investment trust (HRI) has alerted the Financial Conduct Authority to the actions taken by US activist hedge fund Saba Capital Management, which owns a near 31% stake in the trust.

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Linus Uhlig
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Linus Uhlig

Linus Uhlig is chief reporter at Investment Week

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