The Alternative Investment Management Association (AIMA) has pushed back on the UK government’s proposal to restrict or ban non-compete clauses, warning that the plans risk undermining the UK’s competitiveness as global competition for investment and talent intensifies, according to a report by the Daily Telegraph.

Activist hedge fund Elliott Investment Management has said London Stock Exchange Group can take additional steps to unlock shareholder value, despite welcoming the group’s newly announced £3bn share buyback, according to a report by Bloomberg.

Hedge funds turned increasingly bullish on oil, pushing net-long positions in Brent crude to their highest level in almost two years ahead of the joint US-Israel attack on Iran, according to a report by Bloomberg citing data from ICE Futures Europe.

Activist hedge fund Saba Capital has rejected claims that it is acting unreasonably in its standoff with Impax Environmental Markets PLC, insisting that its demands are rooted in shareholder protection rather than brinkmanship.

Hedge fund Rubric Capital has warned investors that some private credit firms may be using aggressive accounting practices to mask leverage, raising concerns about transparency and risk in parts of the rapidly growing market, according to a report by Reuters.

Global investors including hedge funds are increasing allocations to Australian government bonds as concerns grow over stretched valuations tied to the artificial intelligence boom, according to a report by Bloomberg citing data from Morningstar.