Chris Hohn’s TCI fund, known as one of the most aggressive activist investors, made a 23% gain in 2021

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.

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