Hedge Fund and Insider Trading News: Christopher Hohn, Dan Niles, Cathie Wood, Lynx Asset Management, Tiger Global Management, Charles Schwab Corporation (SCHW), Xerox Holdings Corporation (XRX), and More

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Chris Hohn Is a Hedge Fund Manager Like No Other (Institutional Investor)
When British hedge fund manager Christopher Hohn launched The Children’s Investment Fund Management in 2003 — pledging to donate 50 basis points of the management fee to a charitable fund — even he wasn’t so sure it was a good idea. “No one did that before,” recalls Ana Marshall, chief investment officer for the William and Flora Hewlett Foundation’s $14 billion portfolio and one of Hohn’s initial investors. “From the beginning, Chris created a fee structure that was intentional about philanthropy.”

Tiger Global Backed a $95 Million Round into Qualified, a Pipeline Generation Startup Created by Ex-Salesforce Execs, After Seeing This 16-Slide Pitch Deck (Business Insider)
San Francisco-based Qualified raised $95 million in a Series C round with backing from Tiger Global. It currently counts companies like Adobe, Carta, Databricks, Grubhub, and VMware among its users. Insider got an exclusive look at the 16-slide pitch deck it used to raise the fresh funds. A startup founded by ex-Salesforce execs that aims to boost sales by transforming company websites into “sales and marketing machines” has raised $95 million from investors, including hedge fund giant Tiger Global.

Lynx Celebrates Strong CTA Performance (Hedge Nordic)
London (HedgeNordic) – CTAs are enjoying a performance resurgence, and Swedish Lynx Asset Management is right in the midst of this surge. In 2021, equities and commodities made the best contributions; in the first three months of 2022, commodities have continued to be big contributors, while fixed income and interest rates – which lost money in 2021 partly due to reversals – have also become profitable markets as a clear uptrend in rates has developed due in part to building inflationary pressures.

Former SAC Capital Portfolio Manager Tor Minesuk's Top 10 Stock Picks for 2021


Dr. Oz, Hedge-Funder David McCormick Flood Pennsylvania Airwaves in Negative Ads (The Wall Street Journal)
LITITZ, Pa.—Voters in Pennsylvania knew almost nothing about David McCormick and Mehmet Oz as political figures when the men started running for the Republican nomination to the Senate a few months ago. Since then, more than $37 million in largely negative advertising from the two candidates and their allies has gone a long way to filling the gaps.

Dan Niles Says He’s Betting Big on Travel and Leisure Stocks, Still Sees Upside Ahead (CNBC)
Hedge fund manager Dan Niles told CNBC on Tuesday he’s been buying travel and leisure stocks, betting strong consumer demand heading into the summer will the propel the shares higher.

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