Hong Kong-based Pamalican Asset Management Ltd has vacated space in one of the city’s most high-profile office buildings, The Henderson, roughly a year after its early backing from Millennium Management was withdrawn, according to a report by Bloomberg.

Investors representing close to 10% of Intertek Group Plc, including activist hedge funds Lost Coast Collective and Palliser Capital, are calling on the company’s board to engage with PE firm EQT AB over its final offer to acquire the testing

CVS Group Plc is facing renewed pressure from activist investor Converium Capital, which is urging the UK veterinary care operator to launch a £100m share buyback following a period of weak stock performance, according to a report by the Financial

Activist investor Palliser Capital has accumulated a position in Intertek, adding fresh momentum to shareholder pressure on the London-listed group to engage with a potential takeover approach from EQT, according to a report by Bloomberg.

Hedge funds are increasing exposure to agricultural commodities used in biofuel production as the Iran conflict drives volatility in energy markets and raises concerns over prolonged disruption to global fuel supply chains, according to a report by the Financial Times.

Global hedge funds have ramped up exposure to Asian equities, with weekly purchases of stocks in South Korea, Japan and Taiwan reaching their highest level in over a decade, according to a report by Reuters citing a client note from

Pershing Square Capital Management has asked a Delaware court to dismiss a shareholder lawsuit challenging its recent transaction with Howard Hughes Holdings, arguing that the claims against the hedge fund and its founder, Bill Ackman, are without merit, according to

Activist investor PrimeStone Capital has called on the board of Intertek to enter discussions with private equity group EQT following the rejection of the latter’s revised takeover proposal, according to a report by Reuters.