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Weinstein’s Saba Launches Proxy Fights with Three Clough Funds

The credit specialist’s closed-end fund strategy continues to post strong gains. Now he’s turning up the heat on the Boston-based firm to implement changes in three of its mutual funds.

  • By Stephen Taub

      Boaz Weinstein, Saba Capital Management (photo credit: David Paul Morris/Bloomberg)Clough Capital Partners is clearly in the cross-hairs of Saba Capital Management, the hedge fund firm headed by Boaz Weinstein. On Monday, Saba launched proxy fights with three separate closed-end mutual funds marketed by Clough, a Boston-based investment firm. In each case

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