A downturn in the litigation finance sector is creating opportunities for hedge funds and special situations investors including Davidson Kempner and Attestor to acquire legal-claim assets at sharply discounted valuations, according to a report by Bloomberg.

New Zealand’s dollar could be poised for gains despite heavy bearish positioning from hedge funds, with analysts pointing to potential support from monetary policy signals and easing geopolitical tensions, according to a report by Bloomberg citing data from the Commodity

Saba Capital Management, the hedge fund led by Boaz Weinstein, has agreed to pause its activist campaign targeting Herald Investment Trust, according to a report by CNBC

Global equities eased and oil prices climbed on the last trading day of the week as renewed clashes involving the US and Iran in the Middle East reignited concerns over energy supply disruptions, interrupting a record-setting run in global stock

Liquidity in global oil markets has thinned sharply as escalating US–Iran tensions and ongoing disruption in the Strait of Hormuz push traders to the sidelines, amplifying price swings in a key benchmark for the global economy, according to a report

Citigroup is sharpening its focus on hedge funds as part of a broader expansion of its markets and prime-linked business, with the bank targeting up to $700bn in hedge fund-related prime balances, according to a report by Bloomberg.

Saba Capital Management has secured a significant liquidity-focused agreement for shareholders of Herald Investment Trust, marking what the activist investor describes as its sixth successful outcome from seven initial UK investment trust campaigns.

Crispin Odey, the former hedge fund manager and founder of Odey Asset Management, has indicated he may pursue settlements with five women bringing civil claims against him over alleged sexual misconduct, ahead of a scheduled High Court trial in London,