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Janus Henderson and Baillie Gifford oppose Saba Capital's takeover of seven London investment trusts, citing potential harm to shareholders.
Janus Henderson and Baillie Gifford are urging investors to reject Saba Capital's takeover attempt of seven London-listed investment trusts.
Saba aims to overhaul boards and take control as the investment manager, citing performance issues.
However, current managers argue Saba's actions are self-serving and could harm shareholder interests.
The Association of Investment Companies is emphasizing the importance of shareholder votes at upcoming general meetings.
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Janus Henderson y Baillie Gifford se oponen a la adquisición por Saba Capital de siete fideicomisos de inversión de Londres, alegando un daño potencial a los accionistas.