Posted By Global Banking and Finance Review
Posted on January 22, 2025
LONDON (Reuters) - Shareholders in Herald Investment Trust on Wednesday rejected a campaign by U.S. activist investor Saba Capital to overhaul its board, in a blow to founder Boaz Weinstein's wider push to shake-up the UK's 269 billion pound ($333 billion) trust sector.
($1 = 0.8087 pounds)
(Reporting by Iain Withers, editing by Sinead Cruise)