UPDATE: In April 2026, at the third attempt, Saba succeeded in ousting the directors of Edinburgh Worldwide, replacing them with its own preferred candidates. The new board is consulting with shareholders and planning a liquidity opportunity close to NAV following the orderly realisation of the holding in SpaceX.   Edinburgh Worldwide (EWI) was launched in 1998 as a reconstruction vehicle for a previous fund that dated back to 1896. Baillie Gifford was appointed as manager in 2003, first running EWI under its Long Term Global Growth strategy before switching to global small-caps in early ...