Almost a month ago to the day, Saba Capital published its bombshell letter which has since sent the UK investment trust space into a spiral.
Back on 18 December, Saba went public with its plans to oust the boards of seven trusts, forcing a spotlight on the closed-ended space, for the good, the bad and the ugly. The mud slinging between the trusts and Saba has been relentless and Investment Week has diligently separated the news from the noise since the whole saga began. And in a week which saw Saba's CEO, Boaz Weinstein, host one of the most ‘cannot pull your eyes away' webinars I've ever seen, calling out the UK industry with a no-holds-barred approach, it would be easy to go through a point-by-point breakdown of everythi...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
