US hedge funds moved to snap up shares in Lloyds Banking Group overnight as the UK government put its 6% stake up for sale in a move to begin privatising the bank.
Artemis has relaunched Tim Steer's $60m UK Hedge fund as a European vehicle.
Hedge funds have heavily upped exposure to gold in recent weeks, viewing the metal's poor relative performance year-to-date as a buying opportunity.
The Royal Bank of Scotland (RBS) should be converted so that it resembles a Canadian bank, a document created by a hedge fund boss and unwittingly shown to the press has proposed.
Hedge fund manager Man Group's shares nosedived on Wednesday, after its flagship hedge fund AHL reported one of its biggest weekly losses.
BlackRock has hired Daniel Whitestone from UBS to bolster its UK small- and mid-cap equities team.
An ultra-bearish US hedge fund manager shorted gold a year ago, when it was still in favour with most investors, and thinks the price of the metal is on track for a multi-year drop.
Hedge fund supremo John Paulson has reportedly lost almost $1bn of his personal wealth since the end of last week after the price of gold crashed.