Neuberger Berman, Saba Capital Disagree On Definition Of ‘Winning’
You’d think it wouldn’t matter, given that both agree on the practical implications, but the hedge fund hopes the SEC sees it differently.
Saba Capital
![By Everett Henry (1893–1961) (http://www.loc.gov/exhibits/treasures/tri064.html) [Public domain], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MzM1Njg4MzkwNjIw/mobydick.jpg)
Saba Capital Closes London Whaling Port
Hedge funds cannot survive on fish and chips alone.
![By Alex Guibord [CC BY 2.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTE2NjQ2MjM3Njg1/trudeau.jpg)
Boaz Weinstein: You Won’t Get Off That Easily, Canada
The hedge fund manager is prepared to fight Canada to the death.
Boaz Weinstein Kills it in May . . .
May was the worst month for hedge funds since October 2008. The HFRX Global Hedge Fund Index lost 2.6 percent. Don’t tell that to Boaz Weinstein. Yeah, he might have lost $1 billion at Deutsche Bank, but that’s old news. Boaz’s Saba Capital (Hebrew for grandfather) bucked the trend in May, up 1.6 percent for the month and 5.8 percent for the year.