{"id":9921,"date":"2009-02-19T00:00:00","date_gmt":"2009-02-19T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"childrens-investment-fund-sells-mastercard-buys-rival-visa","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/childrens-investment-fund-sells-mastercard-buys-rival-visa.html","title":{"rendered":"Children&#8217;s Investment Fund Sells Mastercard, Buys Rival Visa"},"content":{"rendered":"<p>Bloomberg &#8211; Children&rsquo;s Investment Fund Management UK LLP, the London-based hedge fund founded by Christopher Cooper-Hohn, sold off its shares in Mastercard Inc. and added shares of rival credit-card network Visa Inc. in the fourth quarter. <\/p>\n<p>Children&rsquo;s sold its 5.95 million shares, valued at $963 million on Sept. 30, of Mastercard, based in Purchase, New York. The fund bought 4.7 million shares in San Francisco-based Visa, increasing the value of its stake to $589 million as of Dec. 31, according to a filing today with the U.S. Securities and Exchange Commission. <\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.bloomberg.com\/apps\/news%3Fpid%3D20601213%26sid%3DarP1vrxjqlIE%26refer%3Dhome\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Children&rsquo;s Investment Fund Management UK LLP, the London-based hedge fund founded by Christopher Cooper-Hohn, sold off its shares in Mastercard Inc. and added shares of rival credit-card network Visa Inc. in the fourth quarter. Children&rsquo;s sold its 5.95 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7801,7803,276,7802,7799,3364,2139,5131,35,21,1422,7800],"class_list":["post-9921","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-christopher-cooper","tag-credit-card-network","tag-fourth-quarter","tag-hohn","tag-investment-fund-management","tag-london","tag-management-uk","tag-san-francisco","tag-securities-and-exchange","tag-securities-and-exchange-commission","tag-stake","tag-visa-inc"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9921","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9921"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9921\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}