New York (HedgeCo.net) – While many assets classes and world equity markets have struggled this year, Chris Hohn’s Children’s Investment Fund Management UK LLP has gained 14% on a year to date basis through the end of November.
The London-based fund is among the largest equity hedge funds in Europe with approximately $10 billion in assets under management according to the Financial Times.
Hohn established the fund in 2003 and it uses an activist strategy for long-term investments in companies. Over the years, Hohn has earned a reputation as being very aggressive in his approach to dealing with the management of the companies he invest in with notable showdowns with the likes of Deutsche Börse, ABN Amro, Arcelor and Mittal steel companies and Japanese utility company J Power.
According to Bloomberg, one of Hohn’s current investments is Time Warner Cable.
Rick Pendergraft
Research Analyst
HedgeCoVest