Description
Date: 24th January 2025
Time: 1pm
Format: Webinar
Webinar Description: US hedge fund Saba Capital has recently requisitioned general meetings at seven investment trusts: Baillie Gifford US Growth Trust (USA); Edinburgh Worldwide (EWI); Keystone Positive Change (KPC); Henderson Opportunities Trust (HOT); European Smaller Companies Trust (ESCT); CQS Natural Resources Growth & Income (CYN); and Herald Investment Trust (HRI).
Unless other shareholders vote at these general meetings, Saba’s resolutions will pass, enabling Saba to take control of these trusts.
In this webinar an expert panel will discuss the implications of this action by Saba and issues concerning shareholder democracy. There will also be a short presentation regarding the rights of shareholders who hold their shares through brokers or investment platforms and how such shareholders can exercise their votes.
Attendees will have the opportunity to ask questions about any of these matters.
If you would like to join this webinar, please sign up here.
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