Tomohiro Yamaguchi, the former head of Point72’s Japan operations, is preparing to launch a new Hong Kong hedge fund firm – Invictus Investment Partners – to tap into growing investor demand for Japan-focused strategies, according to a report by Bloomberg.

Macro hedge funds are increasingly turning to so-called “light exotic” options to express relative value views, with demand for index-versus-index structures climbing as correlations shift across global markets, according to a report by Bloomberg.

Hedge funds are piling into bullish options bets on the Chinese yuan, positioning for dollar weakness after softer-than-expected US payrolls raised concerns about the strength of the American economy, according to a report by Bloomberg.

Hedge funds have significantly increased bullish wagers on oil, marking the largest surge since June, as signs of tight US inventories and ongoing geopolitical risks drove market sentiment, according to a report by Business Times citing data from ICE Futures Europe and the CFTC.

Activist shareholder Plantro Ltd is pushing for a significant board overhaul at Canadian database and property information provider Information Services Corp (ISC) having recently increased its stake in te business, according to a report by Bloomberg.

Activist hedge fund HoldCo Asset Management is preparing to escalate its campaign at Comerica, threatening to nominate as many as five directors to the regional lender’s board unless the bank agrees to pursue a sale, according to a Wall Street Journal report.

A group of Thames Water’s senior creditors, including hedge fund Elliott Management and PE firms Apollo Global Management and Silver Point Capital, have submitted a revised rescue plan to UK regulator Ofwat as part of efforts to avert the collapse of the UK’s largest water utility, according to a report by Bloomberg.