Matthew Read on Saba block of Herald tender

Investment Trust Insider on Perpetual Income and Growth

Matthew Read comments on Saba blocking the Herald tender in Tom Aylott’s article:

‘This is a frustrating and confusing development for Herald shareholders, particularly those who like Katie Potts’ strategy and have held the trust for a long time and still don’t know whether they are going to be forced to cash out to avoid being locked into a Saba controlled fund.’

Read the article here