The hedge fund famous for betting against the 'London Whale' is shutting its London office
Thomson Reuters
LONDON (Reuters) - New York-based Saba Capital Management, famed for its winning bet against the JPMorgan Chase trader known as the 'London Whale', is closing its office in London's Mayfair district, two sources close to the situation told Reuters.
The $1.8 billion hedge fund firm will move European trading operations to New York, said one of the sources with direct knowledge of the matter, becoming the second U.S. fund firm to do so this year after Goldman Sachs Investment Partners. Читать дальше...