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Saba Capital eyes $500m for activist UK investment trust fund

US hedge fund Saba Capital has sought to raise $500m from investors for the launch of a fund aiming to take activist positions in UK investment trusts

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Pershing Square Holdings' Bill Ackman cuts bet against 30-year US Treasuries

Pershing Square Capital Management, the hedge fund that runs the Pershing Square Holdings trust, has covered its bet against 30-year Treasuries.

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