June was also a rough month for The Children's Investment Fund according to the Financial Times. Christopher Hohn's fund suffered its worst month ever, down 12.5% -- or over $1 billion and its return for the first half of the year is now negative. Hohn's investors have long lockups though; half of them for five years, and the other half for three. Around 20% of the $10 billion fund belongs to its partners and a charitable trust that's linked to it. TCI has a history of rewarding investors with a history of 40 percent returns, and they're warned of volatility in the fund....
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The Children's Investment Fund made nearly 40% last year in investments like ABN Amro and the Deutsche Börse as well as other funds that TCI backs....
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