Thursday, 26 November 2015
Last updated 6 hours ago
Nov 7 2011 | 1:32pm ET
The Children's Investment Fund Management went a long way towards reaching its high-water mark in the first half, but has even longer to go to get to that break-even point.
The London-based activist returned 16.53% in the first half, Morningstar data shows. It's unclear how TCI did during the market doldrums of the third quarter, which cost many hedge funds dearly, but its first-half performance was better than three-times higher than the average stock fund.
Now, the bad news: TCI is still at least 22.27% below its high-water mark.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…