Hedge funds have turned increasingly bullish on crude oil, with positioning in Brent reaching its highest level since April as geopolitical tensions with Iran and severe winter weather in the US tightened near-term supply expectations, according to a report by Bloomberg citing data from IOCE Futures Europe.

Crispin Odey, founder of now defunct hedge fund firm Odey Asset Management, is set to return to court this week as he challenges the UK Financial Conduct Authority’s decision to ban him from the financial services industry, according to a report by The Times.

Hedge funds sharply reduced their bullish exposure to silver in late January, cutting net-long positions to the lowest level in almost two years as sentiment towards precious metals deteriorated ahead of a steep market sell-off, according to a report by Bloomberg citing CFTC data.

Hedge funds tracked global equity markets more closely in 2025 than at any point in at least five years, prompting concerns among allocators over the industry’s ability to provide protection during a market downturn, according to a report by Bloomberg citing research from BNP Paribas.

Paul Singer’s Elliott Investment Management has entered a fresh dispute with Texas-based private equity firm Stronghold Investment Management, as the two sides clash over how to wind down an oil and gas fund ordered into liquidation by a Delaware court, according to a report by Bloomberg.

Hedge funds and other speculative investors are increasing exposure to the European carbon market as expectations grow of a tightening supply of emissions permits, pushing prices to multi-year highs, according to a report by the Financial Times citing data from Intercontinental Exchange.