Hedge fund Saba takes on Baillie Gifford in new board battle
- Posted on August 24, 2026
- By Financial Times
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- 1 min read
Boaz Weinstein's Saba Capital has intensified its activist investment strategy by challenging Baillie Gifford's management of UK investment trusts. This escalating board dispute reflects growing investor concerns about portfolio performance and governance practices within traditional asset management firms. The campaign highlights tensions between activist hedge funds seeking operational reforms and established investment managers defending their stewardship approach.
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