The UK Investor Magazine was thrilled to welcome Karen Brade, Chair of the Keystone Positive Change Investment Trust, to discuss why retail investors must vote against opportunistic and cynical plans by Saba Capital to take control of seven investment trusts.

Saba Capital has launched an attack against seven investment trusts by requisitioning meetings in an effort to take control of the board and impose their own investment strategies.

Visit the UK Investor Magazine Investment Trust Centre here.

The trusts subject to requisition are Baillie Gifford US Growth Trust, CQS Natural Resources Growth & Income, Edinburgh Worldwide Investment Trust, Henderson Opportunities Trust, Herald Investment Trust, Keystone Positive Change Investment Trust and the European Smaller Companies Trust.

Karen details the steps Keystone has taken to engage with Saba Capital and the disingenuous tactics employed by the US Hedge Fund in the run-up to requisitioning the removal of investment trust boards.

We explore the potential consequences for investors if Saba is successful and the importance of retail investors voting against requisition proposals.

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