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Janus Henderson CEO hits back at Saba in investment trust battle
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Janus Henderson CEO hits back at Saba in investment trust battle
Jan 15, 2025 2:52 AM

LONDON, Jan 15 (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 several 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 ( JHG ) UK

Investment Conference.

"They're betting on complacency. Please, please, don't be

complacent. Don't let them take over (the trusts)," Dibadj said.

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