Edinburgh Worldwide Investment Trust

The board of Edinburgh Worldwide Investment Trust (EWIT) has narrowly survived a second attempt by activist investor Saba Capital to unseat it. In a tightly contested vote, 53.2% of cast votes supported retaining the current directors, while 46.8% opposed them. Saba’s proposal had aimed to rem

The board of Edinburgh Worldwide Investment Trust (EWIT) has secured further crucial backing in its ongoing defence against activist investor Saba Capital. Glass Lewis, a prominent independent proxy advisory firm, has advised shareholders to reject all of Saba’s proposals at the requisitioned

Edinburgh Worldwide Investment Trust (EWIT) has convened a shareholder meeting for 20 January to address a renewed challenge from New York hedge fund Saba Capital Management. The trust, managed by Baillie Gifford, is strongly urging investors to reject Saba's proposal to oust the current board and i

Baillie Gifford's Edinburgh Worldwide Investment Trust has appointed former PwC partner Caroline Roxburgh and McKinsey alumnus Jonathan Simpson-Dent as non-executive directors. The two will join the board on the 1st of February this year.