Global investors' equity allocations fell 6 percentage points in May and over a third of fund managers have taken out protection against sharp stock market falls in coming months, Bank of America Merrill Lynch's latest monthly survey found on Tuesday.

Cryptocurrency hedge funds managed three times more in investments in the first quarter of this year than in early 2018, a report by consultancy PwC and investment firm Elwood showed on Monday.

British hedge fund firm Man Group said on Thursday that investment gains pushed its funds under management up to $112.3 billion (£85.8 billion) in the first quarter from $108.5 billion at the end of December.

One of the world's biggest traders, Trafigura, booked a $254 million (£195 million) loss from oil and gas market hedges last year, highlighting the challenges traders face when taking large loans to protect against price swings in illiquid commodities.

Generous salary and juicy bonus? Check. Client meetings at private members' club? Check. Swanky Mayfair office? Check. Company maternity scheme? Maybe, we’ll get back to you.

Twenty percent of Britain's largest companies have been put on notice by the fund management industry's trade body for failing to have more women represented on their boards.

Hedge fund firm City Financial has agreed to transfer two funds, which run a total of $332 million in assets, to Garraway Capital Management, a source familiar with the matter told Reuters on Monday.

Hedge funds continued to boost their bullish position in crude and fuels last week despite a call from U.S. President Donald Trump for OPEC to "relax and take it easy".

British hedge fund manager Man Group said on Friday its assets under management slipped 0.5 percent to $108.5 billion (81.79 billion pounds) last year on market weakness and currency losses, sending its performance fees plunging 81 percent.

British shopping centre operator Hammerson Plc said on Monday it had won the backing of activist investor Elliot Advisors for its plans to sell more assets to cut debt and expand its board.