A $14.5 billion hedge fund is crushing it

The Children's Investment Fund, a $14.5 billion hedge fund based in London, has gotten off to a strong start to the year.
The fund returned 10.7% in the first quarter, according to an investment letter reviewed by Business Insider, ahead of the 6.4% return on the MSCI World index. 
The fund is run by Chris Hohn, and has delivered north of 750% since its 2003 inception. It describes itself as value-oriented manager, and it typically takes a number of long-term positions.
Hohn also cofounded&