Saba activism bears fruit as Terry Smith's £1.8bn Smithson proposes OEIC rollover

To complete by 31 March 2026

Linus Uhlig
clock • 3 min read

Veteran fund manager Terry Smith’s £1.8bn investment trust, Smithson (SSON), will seek shareholder approval to roll over into open-ended investment company (OEIC), after a period of trading at a persistent discount.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot