Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Janus Henderson CEO hits back at Saba in investment trust battle
    Finance

    Janus Henderson CEO hits back at Saba in investment trust battle

    Published by Global Banking & Finance Review®

    Posted on January 15, 2025

    2 min read

    Last updated: January 27, 2026

    A haunting image representing the aftermath of a militia attack in eastern Congo's Ituri province, where over 35 civilians were killed. This violence highlights ongoing conflicts in the region related to land and resource disputes.
    Scene depicting aftermath of militia attack in eastern Congo - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Janus Henderson's CEO urges investors to resist Saba's aggressive takeover of UK investment trusts, highlighting potential fee increases.

    Janus Henderson CEO Counters Saba in Trust Dispute

    LONDON (Reuters) - Saba Capital Management is "betting on complacency" by targeting UK investment trusts and investors should oppose the hedge fund, the CEO of fund manager Janus Henderson, which runs two of the investment trusts, said on Wednesday.

    Saba, led by prominent investor Boaz Weinstein, "had come in and decided to bet on you and your clients not voting to take over those funds," Ali Dibadj told the Janus Henderson's UK Investment Conference.

    "They're betting on complacency. Please, please, don't be complacent. Don't let them take over (the trusts)," Dibadj said.

    He described Saba's tactics as "very aggressive" and said historically it had increased management fees when taking on funds.

    Saba said last month it wanted to overhaul the boards of seven trusts over performances it said ranged from "underwhelming" to "disastrous". On Tuesday Weinstein said critics of his plans were misleading investors who have lost "enormous value".

    Those trusts include the Henderson Opportunities Trust plc and the European Smaller Companies Trust, both of which are managed by Janus Henderson.

    The other trusts Saba is targeting are the Baillie Gifford US Growth Trust, CQS Natural Resources Growth & Income, Edinburgh Worldwide Investment Trust, Herald Investment Trust and Keystone Positive Change.

    (Reporting by Iain Withers; Editing by Tommy Reggiori Wilkes)

    Key Takeaways

    • •Janus Henderson CEO urges investors to oppose Saba Capital.
    • •Saba targets UK investment trusts with aggressive tactics.
    • •Saba plans to overhaul boards of underperforming trusts.
    • •Ali Dibadj warns against complacency among investors.
    • •Boaz Weinstein defends Saba's strategy amidst criticism.

    Frequently Asked Questions about Janus Henderson CEO hits back at Saba in investment trust battle

    1What is the main topic?

    The article discusses the conflict between Janus Henderson and Saba Capital over UK investment trusts.

    2Who is leading Saba Capital?

    Saba Capital is led by prominent investor Boaz Weinstein.

    3What are Saba's intentions with the trusts?

    Saba intends to overhaul the boards of several underperforming trusts.

    More from Finance

    Explore more articles in the Finance category

    Image for France's Lecornu sets out agenda after budget battle, focuses on energy and defence
    France's Lecornu sets out agenda after budget battle, focuses on energy and defence
    Image for Japan markets set for renewed 'Takaichi trade' after landslide election win
    Japan markets set for renewed 'Takaichi trade' after landslide election win
    Image for Namibia won't recognise TotalEnergies, Petrobras deal due to not following procedure
    Namibia won't recognise TotalEnergies, Petrobras deal due to not following procedure
    Image for Czech prime minister in favour of social media ban for under-15s
    Czech prime minister in favour of social media ban for under-15s
    Image for Analysis-Investors chase cheaper, smaller companies as risk aversion hits tech sector
    Analysis-Investors chase cheaper, smaller companies as risk aversion hits tech sector
    Image for Julius Baer CEO calls for Swiss public register of rogue bankers to protect reputation
    Julius Baer CEO calls for Swiss public register of rogue bankers to protect reputation
    Image for Meloni and IOC condemn violence after clashes in Olympics host Milan
    Meloni and IOC condemn violence after clashes in Olympics host Milan
    Image for Ukraine imposes sanctions on foreign suppliers of components for Russian missiles
    Ukraine imposes sanctions on foreign suppliers of components for Russian missiles
    Image for UBS banked Ghislaine Maxwell for years, moving her money after Epstein's arrest
    UBS banked Ghislaine Maxwell for years, moving her money after Epstein's arrest
    Image for Indian refiners avoid Russian oil in push for US trade deal
    Indian refiners avoid Russian oil in push for US trade deal
    Image for Japan's Takaichi set for landslide election win
    Japan's Takaichi set for landslide election win
    Image for Rugby-Ford shines as England overwhelm dismal Wales
    Rugby-Ford shines as England overwhelm dismal Wales
    View All Finance Posts
    Previous Finance PostChina's RedNote: what you need to know about the app TikTok users are flocking to
    Next Finance PostFactbox-German parties' energy policies in February national election