Discounted closed-end funds occupy a fairly obscure corner of the finance world. Boaz Weinstein, a hedge fund manager who specializes in this niche type of mutual fund, has been raising their profile by"Did you know that @taylorswift13 invests in discounted closed end funds?" the Saba Capital Management founder"For many reasons, it's hard not to be a Swifty," he added.this week.
Saba's chief investor also touched on Tesla and SpaceX CEO Elon Musk's takeover of Twitter last year, while explaining his preference for closed end fund arbitrage.
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Source: Reuters - 🏆 2. / 97 Read more »