BRW - Is It Time To Swap BRW For SABA?
2024-04-14 07:37:23 ET
Summary
- Saba Capital Management is an investment advisory firm focused on credit and equity relative value strategies.
- They employ four main strategies: credit relative value, tail hedge, active closed-end fund strategies, and SPAC strategies.
- Saba Capital has taken over two closed-end funds, BRW and SABA, and has made changes to their investment strategies and management agreements.
- I currently recommend a gradual swap of BRW into SABA.
Saba Capital Management is an investment advisory firm focused on credit and equity relative value strategies.
Boaz Weinstein started Saba Capital in 2009 as a "lift out" from Deutsche Bank's proprietary credit trading group. Boaz had originally formed the group at Deutsche Bank in 1998....
Is It Time To Swap BRW For SABA?