The unfolding confrontation between Saba Capital and a swathe of London-listed investment trusts should not be dismissed as just another episode of activist investing. It is something more consequential: a stress test of the UK’s market architecture, and one that is revealing a regulatory blind spot at the heart of
OPINION: The Saba affair exposes a dangerous blind spot in UK market regulation
Is the UK’s framework for shareholder democracy fit for purpose in an era of sophisticated activism operating against a largely disengaged retail base?