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Saba Capital Leads As Big Names Hedge Funds Struggle In 2020

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Rupert Hargreaves
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As the coronavirus pandemic has rocked global markets, hedge funds have struggled to escape the turbulence.

Hedge FundsThe average hedge fund lost 6.9% in the first quarter, according to the HFRX Global Hedge Fund Index.

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Some of the industry's biggest names reported significant losses during the first quarter of 2020.

Saba Capital Leads As Big Names Struggle In 2020

David Einhorn's Greenlight Capital has lost 21.5%, while Renaissance Technologies' RIEF fund was off 24% for the year to the end of March according to HSBC's Hedge Weekly roundup.

Lansdowne's Princay continues to top the...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha