The Association of Investment Companies (AIC) has written to the FCA and the Department for Business and Trade (DBT) calling for action to protect retail shareholders’ interests. This follows Saba Capital’s relentless attacks on Baillie Gifford-managed Edinburgh Worldwide (EWI). The US activist holds just over 30% of the global smaller companies trust. Defend shareholders’ rights The AIC’s … Continue reading Government urged to get to grips with Saba