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Baillie Gifford's EWI Trust Faces Ouster Bid from Saba Capital
ByAinvest
Thursday, Nov 27, 2025 4:12 am ET1min read
Saba Capital Management, led by Boaz Weinstein, is pushing to oust the board of Baillie Gifford's Edinburgh Worldwide Investment Trust, citing underperformance and a lack of faith in the current board's ability to implement strategic changes. Saba holds a 30% stake in the trust, which oversees $1.1 billion in assets. The move comes after a previous attempt by Saba to take control of seven UK trusts was unsuccessful.
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