US hedge fund takeover of investment trusts may be ‘positive’

twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by
US hedge fund takeover of investment trusts may be ‘positive’
© PexelsSaba Capital is run by Wall Street veterans

US hedge fund Saba Capital is attempting to remove the boards of seven UK investment trusts, a move which could be positive for advisers’ clients, according to Iain Scouller, analyst at Stifel. 

Unlimited access to our award-winning journalism

Read the full story with a free account

  • Read without interruption - full access to our reporting on the financial intermediary market
  • Bank CPD while you read
  • Share your perspectives
  • Stay in the know with our daily newsletter
  • Receive personal recommendations
Already have an account?Sign In