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Hohn’s TCI Posts Solid First Quarter

The London-based manager, arguably the best-performing of all activist managers last year, tops the performance charts again — but with muted gains.

        Christopher Hohn is one of the few hedge fund managers who has something to celebrate this year. Hohn’s hedge fund, the Children’s Investment Fund (TCI), gained between 3.19 percent and 3.38 percent in the first quarter, depending on the share class, after dropping about 0.8 percent in March. The fund

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