Boaz Weinstein’s Saba Pauses Activism Against 9 UK Funds After Herald Deal

Boaz Weinstein’s Saba pauses activism against 9 UK funds after Herald deal

Saba Capital, the hedge fund led by Boaz Weinstein, has agreed to a three-year pause to its activist campaign against nine London-listed funds

Aberdeen secures deal with Saba and takes over management of Herald

Aberdeen Investments has agreed to take over management of Herald Investment Trust (HRI) from Q3 2026, in a deal that also draws a line under Saba Capital’s activist campaign. Under the proposal, lead manager Katie Potts and seven colleagues will move to Aberdeen, bringing with them Herald Investment Management’s funds, including the Herald Worldwide Technology […] The post Aberdeen secures deal with Saba and takes over management of Herald appe…

The Morning Briefing: Aberdeen-Saba deal ends standoff; Advisers back AI but regulation to shape adoption

Good morning and welcome to your Morning Briefing for Thursday 7 May 2026. To get this in your inbox every morning click here. Aberdeen agrees Saba deal to end Herald standoff Aberdeen Investments is set to become investment manager of Herald Investment Trust (HRI), following… The post The Morning Briefing: Aberdeen-Saba deal ends standoff; Advisers back AI but regulation to shape adoption appeared first on Money Marketing.

Herald agrees to 66% tender offer to get Saba off its back

Herald (HRI) has reached an agreement with Saba Capital to ensure the £1.4bn global technology trust’s survival. The activist hedge fund with a 30.7% stake has agreed to a three-year standstill in return for a 66% tender offer that will let investors take half their stake as assets and half in cash. In addition, the Herald investment team including lead fund manager Katie Potts are to join the Aberdeen Group. After three months of talks followin…