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Janus Henderson duo become Saba’s final targets to respond

The European Smaller Companies Trust and Henderson Opportunities both say Saba's plans pose big risk to shareholders, with the latter opting to wind up instead.

Henderson Opportunities Trust push back strongly on Saba proposals, offer full cash exit

Following the receipt of a requisition request from Saba Capital Management, L.P. (click here to see our original coverage of this) Henderson Opportun...

The European Smaller Companies Trust introduces three-yearly conditional tender offer

The European Smaller Companies Trust (ESCT) which holds a continuation vote every three years has been giving consideration to additional liquidity op...

The European Smaller Companies Trust adds to chorus against “self-serving” Saba

Following the receipt of a requisition request from Saba Capital Management, L.P. (click here to see our original coverage of this) The European Small...

Ground Rents Income Fund receives £32.5m potential offer for company

A possible offer for Ground Rents Income Fund has been announced by Victoria Property, valuing it at £32.5m. Victoria Property, which is part of the M...

QuotedData’s morning briefing 8 January 2025 – APAX

In QuotedData’s morning briefing 8 January 2025: The Apax IX Fund, in which Apax Global Alpha Limited (APAX) is a limited partner, announced that port...

Carthew: My objections to Saba’s plan and approach

Our columnist says he is far from convinced by Saba’s activist campaign against seven trusts, many of which could see incipient recoveries frustrated.

CQS joins fight against ‘self-interested’ Saba’s ‘misleading’ claims

CQS Natural Resources Growth & Income is the latest of its trust peers to shoot down Saba Capital, urging shareholders to vote against the hedge fund’s bid to oust its board.

Stock selection drives impressive gains for BlackRock Income and Growth

BlackRock Income and Growth Investment Trust (BRIG) announced its annual results for the year ended 31 October 2024. The company delivered an NAV tota...

CQS Natural Resources – Saba’s proposals “without merit and misleading”

Following the receipt of a requisition request from Saba Capital Management, L.P. (click here to see our original coverage of this) CQS Natural Resour...

QuotedData’s morning briefing 7 January 2025 – SERE

In QuotedData’s morning briefing on 7 January 2025: Schroder European REIT (SERE) has sold a grocery anchored retail asset in Frankfurt, Germany, for ...

Gresham House Energy jumps 5% on earnings recovery

Heavily-discounted Gresham House Energy Storage may be turning a corner as projected earnings jump on a wholesale market recovery and a government call for more battery storage underlines growth potential.