{"id":52760,"date":"2016-05-24T07:59:05","date_gmt":"2016-05-24T11:59:05","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=52760"},"modified":"2016-05-24T07:57:25","modified_gmt":"2016-05-24T11:57:25","slug":"hedge-fund-tci-says-first-quarter-performance-flat-as-vw-porsche-drag","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2016\/hedge-fund-tci-says-first-quarter-performance-flat-as-vw-porsche-drag.html","title":{"rendered":"Hedge Fund TCI Says First-Quarter Performance Flat as VW, Porsche Drag"},"content":{"rendered":"<p>(Reuters) Activist hedge fund TCI, which has called for rapid reforms at Volkswagen, said the German carmaker and its Porsche unit were the biggest drags on the fund&#8217;s flat first quarter performance, according to an investor letter. Billionaire Chris Hohn&#8217;s London-based hedge fund wrote to the VW board on May 6 demanding that the carmaker &#8211; which is still recovering from an emissions scandal &#8211; overhaul its &#8220;excessive&#8221; executive pay scheme as part of a plan to boost profits and end years of &#8220;mismanagement&#8221;.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/uk-hedgefunds-tci-performance-funds-idUSKCN0YF0PB\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Activist hedge fund TCI, which has called for rapid reforms at Volkswagen, said the German carmaker and its Porsche unit were the biggest drags on the fund&#8217;s flat first quarter performance, according to an investor letter. Billionaire Chris Hohn&#8217;s [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52760","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=52760"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52760\/revisions"}],"predecessor-version":[{"id":52761,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52760\/revisions\/52761"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=52760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=52760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=52760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}