Hedge Fund - Saba Capital

The Public Sector Pension Investment Board (PSP Investments), a Canadian pension investment manager with $112 billion of assets under management, accused Boaz Weinstein’s Saba Capital in a lawsuit filed...

Things are changing atop the ranks of the richest hedge fund mangers.

Four employees of Daniel Och’s Och-Ziff Capital Management Group (OZM) have left the hedge fund’s London office over the past week, two people with knowledge of the matter said.

Crispin Odey, one of the best-known hedge fund managers in Europe, has seen returns at his flagship €1.8 billion ($2.3 billion) hedge fund fall by more than 10% this year, after fresh losses in October...

In a letter sent to DuPont’s Board of Directors, Trian Fund Management LP urged that DuPont be split up in order to be more competitive.

Warren Buffett has been a big believer in and buyer of U.S. energy-indirectly.

With four years remaining, Warren Buffett has a commanding lead in a decade-long bet that put a low-fee stock index fund up against a portfolio of high-priced hedge funds.

In a couple of filings Boaz Weinstein’s Saba Capital, revealed that it has boosted its stake in Managed High Yield Plus Fund Inc. (NYSE:HYF), Western Asset Managed High Income Fund Inc.

Now, according to many of your peers, hedge funds are assumed to be useless, old financial vehicles of a period lost to current times.