Billionaire Christopher Hohn Hedge Fund Recoups Pandemic Losses
- The Children’s Investment Fund recovers amid surging markets
- Returns continue Hohn’s streak of gains since financial crisis
This article is for subscribers only.
Billionaire activist investor Christopher Hohn’s hedge fund has racked up a 12th straight year of gains, overcoming record losses at the onset of the pandemic.
The Children’s Investment Fund made about 14% in 2020 as its concentrated stock portfolio rose amid surging markets, according to people with knowledge of the details. That took the fund’s assets to about $35 billion, a separate person said, asking not to be identified because the information is private.