Saba Capital is one of this year’s best-performing hedge funds. According to HSBC’s Hedge Weekly update of fund performance figures, the firm’s flagship fund, the Credit Relative Value fund, returned 71% for the year to the end of November.
Q3 2020 hedge fund letters, conferences and more
According to the firm’s investor call on December 18th 2020, which ValueWalk has been able to review, the firm booked significant gains in the March market sell-off, earning 36% for its investors in the month of March alone, following profits of nearly 17% in February.