Saba Capital Is Currently The Best Performing Hedge Fund This Year

It has been a mixed year for hedge funds, according to initial figures. Macro and credit hedge funds have performed particularly well in volatile markets. Meanwhile, long/short equity funds have struggled. According to data from HSBC, the title of the best performing hedge fund so far this year goes to Saba Capital. Its flagship fund is up 81% for the year to the first week of May. For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks. Horseman Global, which was once labeled the world’s most bearish hedge fund, was up around…