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Saba Capital Is Currently The Best Performing Hedge Fund This Year

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Rupert Hargreaves
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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.

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Horseman Global, which was once labeled the world's most bearish hedge fund, was up around 24% in the year to 13 May.

Commodities funds have also put in a strong performance. According to...

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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