Saba vs investment trusts: Everything you need to know – the Mail and This is Money’s latest coverage

US hedge fund Saba Capital launched an attack on seven UK investment trusts in December – seeking to seize control, remove their boards and change how they invest.

The hedge fund, led by founder Boaz Weinstein, had built up big stakes in the seven trusts: Baillie Gifford US Growth, Keystone Positive Change, Edinburgh Worldwide, Herald, European Smaller Companies, CQS Natural Resources and Henderson Opportunities.

It forced general meetings and votes on its proposals. All those who invest in the investment trusts have the right to have their say, whether they invest directly or through an investing platform. 

Investors at three of the trusts, Herald, Keystone Positive Change and Baillie Gifford US Growth have firmly rejected Saba’s bid in votes so far.

Follow all the latest stories, analysis and opinion on the Saba attack on UK investment trusts here… 

The seven investment trusts that Saba Capital sought to take control of – investors coted against it at the first three meetings

Red card for greedy intruder: The battle against Saba shows shareholder democracy at its best: ALEX BRUMMER 

Wall Street raider Boaz Weinstein suffers another stinging defeat at the hands of shareholders

Saba takeover rejected by Baillie Gifford US Growth and Keystone Positive Change investors 

If investors fail to vote, it will become open season on all investment trusts with Saba joined by other get-rich-quick players, says ALEX BRUMMER

Rise of ruthless corporate raider Boaz Weinstein: Aggressive character known on Wall Street for his love of high-stakes gambles and taking no prisoners

Strike back at cynical Saba: Investors must vote to send carpetbagger packing, says RUTH SUNDERLAND

Investment trust discounts are nothing to be afraid of, despite Saba’s claims: THE INVESTMENT ANALYST 

Boaz Weinstein: Founder and chief investment officer of Saba Capital Management

EU rules left UK investment trusts vulnerable to assault from US corporate raider Saba Capital

Lloyds in climb down after row over trust shake-up: Our report praised for exposing ‘deplorable’ move to block investors from voting

As US corporate raider targets £269bn sector… How YOU can cash in on the investment trust revolution

Victory for shareholder democracy: Herald investors reject power grab by Wall Street raider Boaz Weinstein

Showdown in the City: Herald’s legendary stock picker Katie Potts goes head-to-head with Wall St raider in battle over future of investment trusts

The investment trusts facing a raid from Saba Capital: What you need to know – and are they really a ‘Miserable Seven’? 

Investment trusts step up attacks on Saba claiming fees could skyrocket under the US hedge fund

War on investor democracy: Saba’s investment trust assault should never be allowed to happen: ALEX BRUMMER 

Don’t let ruthless US fund manager Saba Capital Management destroy your trust, says JEFF PRESTRIDGE

Investors must kill off this brutal assault on trusts by US activist, says ALEX BRUMMER

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