Saba Reopens Campaign to Replace Baillie Gifford Edinburgh Worldwide Board

Saba Capital has reopened its campaign to replace the board of Baillie Gifford Edinburgh Worldwide Trust. The fund manager, which owns a 15% stake in the trust, is seeking to replace the entire board in a bid to gain greater control over the investment strategy and direction of the trust. The move comes after a previous attempt to replace the board was unsuccessful last year.