Investing
Chris Hohn’s Hedge Fund Bounces Back With 33% Gain in 2023
- The activist investor’s fund has gained in 14 years out of 15
- Performance outstrips most of fund’s peers in a volatile year
Chris Hohn
Photographer: Dan Kitwood/AFP/Getty ImagesThis article is for subscribers only.
Activist investor and philanthropist Chris Hohn’s fund surged by nearly 33% last year to record its best performance in four years, far ahead of the majority of hedge fund peers.
The Children’s Investment fund’s gains, set out in a letter to investors seen by Bloomberg, mark a return to profitability. A loss of 18% in 2022 ended a profitable streak that had spanned almost a decade and a half.