Saba Capital’s revelation that it would target four investment trusts in a bid to transition them into open-ended funds has ...

BP saw a sharp decline in profits in in the fourth quarter with a replacement cost (RC) loss of $2bn, down from $1.1bn in Q3.

The board of PRS REIT said it has received “several” non-binding proposals with a view to acquire the trust, having announced ...

Retailers enjoyed their strongest sales growth in almost two years in January, with all categories except toys and baby ...

Square Mile has reinstated the Jupiter UK Dynamic Equity mandate into its Academy of Funds as Alex Savvides beds into his ...

Monetary Policy Committee member Catherine Mann has revealed why she switched to a dovish stance at last week's rate-setting meeting when she voted for a 50-basis point reduction.

Ashtead’s Michael Pratt will step down as chief financial officer of the group on 28 February. In a stock exchange notice today (11 February), the firm said that Pratt, who initially revealed his ...

Share prices in the four investment trusts most recently targeted by US hedge fund Saba Capital have mostly edged up since markets opened today (11 February), with only Middlefield Canadian Income PCC ...

As 2025 unfolds, asset managers are poised for a year of significant transformation, which will ripple through the investment industry.

Boaz Weinstein, chief investment officer of the Manhattan-headquartered activist hedge fund Saba Capital that has made waves in the UK investment trust sector, has questioned the need for these ...

TIME Investments Commercial Long Income fund has become the latest open-ended property fund to convert to a ‘hybrid’ model.

Saba Capital has launched a fresh campaign against four UK investment trusts, looking to requisition general meetings for all ...