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 JHG.N, 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 UK Investment Conference.
"They're betting on complacency. Please, please, don't be complacent. Don't let them take over (the trusts)," Dibadj said.
(Reporting by Iain WithersEditing by Tommy Reggiori Wilkes)
((thomas.wilkes@tr.com; +44 (0) 7769 955711;))
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