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Perpetuals.com, the firm founded by former FTX executive Patrick Gruhn, has launched a new AI-driven trading product designed to turn crowd-sourced strategy signals into profit without requiring users to risk their own capital, according to a report by Bloomberg.
Boaz Weinstein’s activist hedge fund Saba Capital Management is maintaining its campaign against one of the UK’s prominent sustainable investment vehicles, putting pressure on the leadership and strategy of Impax Asset Management’s Impax Environmental Markets, according to a report by Bloomberg.
Saba Capital Management, led by Boaz Weinstein (pictured) has agreed a deal that will allow shareholders in Schroder UK Mid Cap Fund to exit their positions at net asset value through a large-scale tender offer, marking another ‘win’ in its ongoing campaign across UK-listed investment trusts.
Moment, a fintech platform founded by former quantitative traders and researchers from Citadel Securities, has raised $78m in fresh funding as investor appetite for AI-driven financial infrastructure continues to build across Wall Street, according to a report by Bloomberg.
The founder of London-based hedge fund Davide Leone & Partners has been awarded more than £1.6m in legal costs after a court dismissed wide-ranging allegations of discrimination, harassment and bullying brought by a former senior employee, according to a report by Bloomberg.
A surge of unusually timed oil futures activity worth more than $800m has drawn the attention of the Commodity Futures Trading Commission (CFTC), raising questions over whether traders may have acted on non-public information ahead of a key geopolitical announcement, according to a report by the Wall Street Journal.
Digital asset investment products saw US$1.07bn of outflows, the first negative week in seven and the third-largest weekly outflow of 2026, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Deutsche Börse shares rose after it was disclosed that hedge fund TCI, led by Chris Hohn, has built a significant stake in the German exchange operator, marking a renewed investment in the company after a long absence from its shareholder base, according to a report by Bloomberg.
AI-focused hedge fund Situational Awareness LP, founded by former OpenAI employee Leopold Aschenbrenner, has disclosed a sharply expanded portfolio of semiconductor-related derivatives alongside selective equity bets in AI infrastructure companies, according to a report by the Globe and Mail.