How much is Weinstein’s UK investment trust salvo costing Saba?

Quick Summary:

On the other hand, they’ve gone up because Saba was buying, but now it’s stuck.

On one hand, the UK trust shares Saba has bought have mostly gone up.

For hedging costs we’re picking numbers out of the air, but let’s say Saba is paying 50 bps to cover half its exposure, which adds $10mn-ish to the cost.

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Author / Journalist: Bryce Elder

Category: MarketsFinanceInvesting

Markets: United States

Topics: Trust Investment It’s Financial Costing Fund Saba Salvo Saba’s Hedge Trusts

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 15:12:57 (10 hours ago)

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News Source URL: ft.com

Language: English

Article Length: 561 words

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Copyright Owner: © Financial Times

News ID: 26105274

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