Saba Capital

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.
Three quarters of investors surveyed by Preqin said they’d be willing to cut fees to attract and keep assets.
The credit specialist still thinks there is a good opportunity buying bond funds at a discount.
The New York firm is enjoying strong performance this year, following several difficult years.
Hedge fund Saba Capital, started by former Deutsche Bank proprietary trader Boaz Weinstein, is establishing an office in London.