Bridgewater Associates fully exited its positions in US-listed Chinese equities during Q2, offloading roughly $1.5bn worth of shares in 16 companies and two China-focused ETFs, according a report by Reuters citing the firm’s latest 13F filing.

Australian fund managers are increasingly taking on hedge funds betting against lithium stocks, positioning for a rebound in prices that could force short sellers to cover and intensify the sector rally, according to a report by the Financial Review.

London-based hedge fund Eisler Capital is facing a £2.5m ($3.4m) lawsuit from former trader Bharat Garg, who was dismissed after a delay in disclosing his arrest and multiple breaches of the firm’s compliance policies during his brief tenure at the

Activist investor 7Square is pressing German insurer Nuernberger Beteiligungs AG to consider rival takeover offers, arguing that the ongoing exclusive talks with Vienna Insurance Group (VIG) undervalue the company, according to a report by Bloomberg.

Seth Klarman, head of the Boston-based multi-strategy hedge fund firm Blaupost Group, says artificial intelligence is proving useful as a productivity tool at his hedge fund, but it is far from replacing human investment judgement, according to a report by

Global hedge funds have ramped up exposure to Japanese equities as the Nikkei surged to record highs, while increasing bearish positions on South Korea, according to a report by Reuters citing a note from Morgan Stanley.

Man Group’s £2.45bn Japan CoreAlpha Fund has begun selectively adding Japanese bank stocks, betting that the Bank of Japan (BOJ) will eventually raise rates to tackle persistent inflation, according to a report by Bloomberg.

The US Court of Appeals for the Third Circuit has ruled that Sculptor Asset Management cannot pursue its own securities lawsuit against healthcare products provider Perrigo after missing the deadline to opt out of a $97m shareholder class action settlement.