HSBC Hedge Weekly Performance Shake-Up Slows; Saba Capital Soars

Is Saba Capital having a quarter to remember? After a mild shake-up that brought March in like a lion, the HSBC Hedge Weekly leader board looks little changed weak over week as major hedge funds report performance. This occurs while one well-known fund, in the middle of controversy during the fall of 2015, has significantly above average positive returns in a short period of time. With historically low volatility and a modest returns profile, Boaz Weinstein and Saba Capital has a statistically unusual big month One of the outstanding performers year to date is Boaz Weinstein’s $1.4 billion Saba Capital Offshore Fund…