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Follow TCI's Activism To The Bank (TAC, UNP, CSX).
- Source :
- Investopedia Advisor; 8/ 6/2008, p1, 1p
- Publication Year :
- 2008
-
Abstract
- The Children's Investment Fund (TCI) is a bit of an enigma. The U.K.-based hedge fund has a reputation for ruthless shareholder activism and it has returned about 40% for its individual investors since inception, yet this harsh exterior is softened by a charitable foundation - quite literally. A portion of the fees the fund collects from investors goes toward the Children's Investment Fund Foundation, a non-profit organization dedicated to fighting AIDS in Africa and various other activities designed to help the lives of children. Activist investor Christopher Cooper-Hohn, manager of TCI, has been at work buying large shares of publicly traded companies in order to change management and drive shareholder value. Investors who believe in this give-and-take philosophy of activist investors may be able to follow TCI's lead by choosing investments on the hedge fund's hit list. (To learn more about shareholder activists, read Activist Hedge Funds and Can You Invest Like Carl Icahn? ) A select few of TCI's holdings are listed below. Let's have a look at how they have faired under the fund's watchful gaze. [ABSTRACT FROM PUBLISHER]
Details
- Language :
- English
- Database :
- Supplemental Index
- Journal :
- Investopedia Advisor
- Publication Type :
- News
- Accession number :
- 33533807