Hedge Funds Headlines

Hedge funds expect counter bid for Sky after Comcast offer

Two hedge funds that have criticised Twenty-First Century Fox's takeover of Britain's Sky have said Comcast Corp's rival $31 billion offer for the broadcaster is likely to trigger a higher counter-bid for the company. Comcast on Tuesday offered 12.50 pounds-a-share for the pay-television operator, seeking to disrupt a deal struck in December 2016 by Rupert Murdoch's Fox to acquire the 61 percent of Sky that it does n

Man Group assets rise 35 percent in 2017

British hedge fund company Man Group said on Wednesday funds under management rose 35 percent to $109.1 billion (78.5 billion pounds) in 2017, buoyed by net inflows of client money as well as market and currency gains.

Exclusive: Investment star Alan Howard's comeback hits headwind

A fund managed directly by Alan Howard, one of Britain’s best known investors, lost nearly 9.0 percent net of fees from May through December 2017, according to information provided to Reuters by a spokesman for two New York City employee pension funds.