Fox Deal Boosts Chris Hohn’s TCI in Second Quarter

The hedge fund firm got a huge boost from the company’s deal with Disney during the period but also slashed its stake in Altaba.

Illustration by II

Illustration by II

The Walt Disney Company’s deal to buy a slew of significant assets from 21st Century Fox has given Chris Hohn’s TCI Fund Management a huge boost.

The London-based activist firm surged 9.8 percent in the second quarter alone, enabling it to post a 9 percent gain for the entire first half of the year, according to an investor.

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