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Saba Capital's Investment Trust Restructuring Plan Raises Woodford-Style Collapse Fears
Saba Capital's plan to convert four UK investment trusts from closed-ended to open-ended funds risks repeating the Woodford fund's collapse, putting investor savings at risk, according to Baroness Ros Altmann, who warns that this could damage future returns for other investors.
Saba Capital's Investment Trust Restructuring Plan Raises Woodford-Style Collapse Fears
Saba Capital's plan to convert four UK investment trusts from closed-ended to open-ended funds risks repeating the Woodford fund's collapse, putting investor savings at risk, according to Baroness Ros Altmann, who warns that this could damage future returns for other investors.
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