With higher beta hedge fund strategies having been hit-or-miss over the last few weeks as the market changed course prior to its post-election surge, observers say that merger arbitrage and long/short credit strategies have done well.
A prime example is Saba Capital Offshore, Boaz Weinstein’s legendary credit strategy was up over 79% for the year to date through early October, according the HSBC rankings. The firm’s credit relative value strategy is long/short credit offering with a market neutral approach. The firm is also known for its investment process that relies . . .
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