Saba Betting on Greek Rebound Buying ‘Deeply Discounted’ Bonds
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Saba Capital Management LP, the $2.2 billion hedge fund run by Boaz Weinstein, is wagering that Greece can withstand a fiscal crisis that triggered riots and roiled global debt markets.
“The challenges are many and great but we are starting to see at least some improvement on Greece’s side,” Ben Moyer, director and European credit analyst at Saba, said yesterday at the Bloomberg European Debt Briefing conference in New York.