The world’s 20 top performing hedge fund managers earned a record $65.4bn ($48bn) profit for their clients in 2021 after bets placed on rising stock markets paid off. The biggest winner was TCI, the fund run by British billionaire Sir Chris Hohn, which made a gain of $9.5bn last year, according to the annual rankings by LCH Investments. Hohn is the single biggest individual donor to Extinction Rebellion (XR), which has staged high-profile climate protests around the world. “Humanity is aggressively destroying the world with climate change and there is an urgent need for us all to wake up to this fact,” he said when he was revealed as XR’s main funder.
Guardian 17th Jan 2022 read more »