TCI, The Children's Investment Fund, is a London-based hedge fund, which provides an important fraction of the fees it gets to a charitable foundation. In 2005, TCI gained an upper position in Deutsche Borse, the stock exchange in Frankfurt. Its conflict with management caused the CEO to depart and disrupted a planned amalgamation.
This article focuses on many different issues in the investments business, including: How is value created by stock pickers? What are the advantages of long-term vs. short term orientation, buying vs. selling short, and a generalist vs. a specialist approach? What's the role of investor activism in corporate governance? Do the investment company and non-profit offering mix?
PUBLICATION DATE: February 04, 2006 PRODUCT #: 206092-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
Related Case Solutions & Analyses:
Coca Cola Company
Flinder Valves and Controls Inc.
H. J. Heinz: Estimating the Cost of Capital in Uncertain Times
Calaveras Vineyards
China or the World? A Financial Reporting Strategy for Hong Kong’s Capital Markets
Islamic Banking: Dawn of a New Era
An Overview of Project Finance and Infrastructure Finance–2009 Update
Post-Crisis Compensation at Credit Suisse (B)
Introduction to Derivative Instruments
Great Eastern Toys (D)
