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The previous year he was paid 200m, and accounts filed at Companies House for TCI Fund Management (UK) Limited, which is 100% owned by Hohn, show that it holds total shareholder funds of almost $2bn. Follow Tweet. TCI Fund Management: Chris Hohn: 5.78%: $29938671000: 10: Top Holdings Largest Trades Portfolio Structure Sector Allocation Performance History. It would be easy for policymakers to get corporations and the super-rich to pay their staff more and pay a bit more tax, meaning much of this 575m would be going to support the incomes of ordinary workers or fund vital public services instead.. The TCI Fund Management founder and director paid himself a dividend of almost $690 million last year; the equivalent of almost $1.9 million a day. Tokyo Chemical Industry Co., Ltd. (TCI) is a leading worldwide manufacturer of specialty organic chemicals. Sorry, you need to login or sign up in order to vote. Investors and industry watchers have been concerned about billions of dollars that have been poured into the self-driving technology sector in a short span of time to commercialize it. Hohn grew up in Addlestone, Surrey, the son of a Jamaican car mechanic and a legal secretary. Accounts. He is also one of the U.K.s most prominent philanthropists, giving away $386 million through his charity, the Childrens Investment Fund Foundation, in 2019. The battle for boardroom and C-suite control between CN and TCI Fund Management Ltd. continues to escalate. Not sure if true but have heard they interview loads of candidates all the time, their case studies are tough, and the process is long. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Create Email Alert, ***Log In or Similique ipsum quia commodi. The payout which works out at 940,000 for every calendar day of the year, and is nearly 11,000 times the median UK full-time salary has shone a fresh spotlight on Hohn, a billionaire who goes to extraordinary lengths to protect his privacy after receiving regular death threats. The Portal Host designed and maintains this site, which posts information provided by TCI and other third parties (the Content). In an open letter to Google-parent Alphabet's CEO Sundar Pichai, activist investor has urged the company to make hard choices. paid himself a dividend of almost $690 million last year. The hedge fund now manages $30bn of investments and is regularly listed among the worlds best-performing funds. Inventore aliquam non aut quia aspernatur magnam vitae. Stupid question, but how deep do you go in your case studies? You must have a subscription to view WhaleScore histories. This site uses cookies to provide you with an optimized experience, for content improvement, and for statistics. "TCI Fund Management" refers to TCI Fund Management Limited, which became authorised and regulated by the Financial Conduct Authority ("FCA") on 29 June 2015 (with a Firm Reference Number 684923), and its predecessor firm, The Childrens Investment Fund Management (UK) LLP, (FRN 226074) which was established in 2003, and was authorised and regulated from 19 September 2003 until 29 June 2015. all of which are FCA regulated as Appointed Representatives of TCI Fund Management Limited, and, TCI Fund Management Limited is authorised and regulated by the Financial Conduct Authority of the United Kingdom. Representatives for Alphabet and TCI Fund . I believe that management should aim to reduce headcount to around 150,000, which is in line with Alphabets headcount at the end of 2021. Temporibus quam ut ipsa hic. TCI Fund Management is the world's best-performing large hedge fund, and it just made a big commitment to go green. The Children's Investment Fund Management (UK) LLP (TCI) is a Londonbased hedge fund management firm founded by Chris Hohn in 2003 which manages The Children's Investment Master Fund. Previously, Hemang was a Program Manager, Sta te at Jhpiego and also held positions at Bharat Serums And Vaccines, Brac University. Original reporting and incisive analysis, direct from the Guardian every morning. They married soon after and took each others names officially, but only Jamie used both surnames. TCI Fund Management Holdings Heatmap . The company began trading on 5 February 2020 and employs 4. The payout is believed to be the highest annual amount ever paid to a single person in Britain. The TCI Real Estate Partners Lending Funds invest alongside The Childrens Investment Fund Foundation (UK) (CIFF). HF. TCI is fully committed to offering the best opportunity in the industry for a career in financial services with a client first focus. After weeks of arguments which included Hohn calling Goldman Sachs bankers idiots and describing former Spain and Chelsea striker Fernando Torres as worthless the judge awarded Cooper-Hohn 36% or $530m of her former husbands fortune. It is understood that Hohn reinvested the windfall in TCI. OriginalWhaleScore Registered office address: Fitzwilliam Hall, Fitzwilliam Place, Dublin 2, Ireland Registered in Ireland. 814 questions across 165 hedge funds. You will be micro-managed and cameras have to be left on during work hours. I learned very early on you cannot take money with you. She said knowing that a share of the management fees went to the fund was very much about keeping Chris motivated to produce the highest returns possible. divided by the total MV of the fund. Although he was in a fight over a huge amount of money, Hohn said his lifes mission was to give money away. Register for free to Reuters and know the full. London-based TCI, which said it owned Alphabet shares worth more than $6 billion, made the requests in a letter to Chief Executive Sundar Pichai on Tuesday, writing that it has been a significant. Jamie Cooper-Hohn leaves the high court after a divorce hearing in 2014. Whether you are a highly experienced financial advisor or a college student taking advantage of the TCI Internship Program, there may be an opportunity for you. This would require a total headcount in the order of 20%.. Thanks! View Last Form Adv Compilation Report on Record, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION. Only includes UK, France, Germany, Japan, and HKEX are presently being processed. Her lawyer said the marriage was what most marriages are: a partnership. TCI has been a CN shareholder since 2018. The divorce reached the high court after Hohn refused to give Cooper-Hohn half of their assets, arguing that the extraordinary wealth he had generated constituted a special contribution to the marriage. Internet Explorer 8 is no longer supported. [But] a dream or aspiration without resources is just that. He compared his ambition to become a philanthropist to other young people who set their hearts on being able to play for Chelsea or be a top QC. Ray Dalios Bridgewater Associates, the worlds biggest hedge fund firm, tops the LCH list because its strong historic track record was compounding a huge assets base. The sum for the year to the end of February is up from $152m the previous year, and up from a previous record of $479m the year before that. The median salary at Alphabet in 2021 amounted to nearly $300,000, and the average salary is much higher, he said in his letter to Pichai. Hohn, who grew up in Addlestone, Surrey, said he first decided to give money to charity while working in the Philippines, where he had seen children living on a rubbish dump. These include Viewport Meta, IPhone / Mobile Compatible, and SPF. However, the request was denied, giving the public a glimpse into the billionaires surprisingly modest lifestyle, his motivations for making so much money and why he didnt view his wife of 17 years as worthy of half of the family fortune. Cooper-Hohn later won another court battle forcing Hohns CIFF charity to pay 270m to a charity set up by his ex-wife. Download 13F Summary Top 50 TCI Fund Management Holdings . We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Do they use a recruiter or you just gotta hustle to get on their radar through networking? As such, were committed to maintaining a work environment characterized by openness and respect so that employees at all levels are able to utilize their individual talents to contribute, and be a part of TCIs success. Don't think anyone here will know. or to simply have an email sent to you whenever we receive a new Seems like a privilege to have a shot to interview with them so hope you enjoyed the process. Britains highest-earning investor has called on Alphabet CEO Sundar Pichai to cut thousands more jobs than the tech giant announced it would eliminate last week. On hearing the evidence, the judge noted that the couple lived a Swatch lifestyle not a jet-set lifestyle. He first decided to give money to charity, he has said, while working in the Philippines, where as a 20-year-old he saw children living on a rubbish dump. This would require a total headcount in the order of 20%.. Back Submit. It was one of the most high profile divorces in British legal history. TCI seeks investment opportunities in strong businesses which have cheap valuations because they are complicated by corporate governance risk which is misunderstood and over discounted by the market. The fired Google engineer who thought its A.I. Tempora sed nulla dolor natus nihil laboriosam atque. tci fund management Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Under no circumstances should any of the Content be construed as an offer to sell or solicitation of an offer to buy a particular security. World's top 15 hedge fund managers made $23.2bn in total last year, Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk, Original reporting and incisive analysis, direct from the Guardian every morning. Breaking news, analysis and commentary on investment banking, fund management, hedge funds, pensions, private equity, fintech, financial regulation and trading. According to LCH Investments' annual ranking of the 20 most successful hedge funds of all time, TCI Fund Management generated $8.4 billion of net gains last year. Hohn, the son of a Jamaican car mechanic who emigrated to Britain in the 1960s, set up TCI in 2003 and has built up a personal fortune of more than $8.2bn, according to the Bloomberg billionaires index. There is no info online! The payout is believed to be the highest annual amount ever paid to a single person in Britain. Quia sunt aspernatur cupiditate et est. WSO depends on everyone being able to pitch in when they know something. Cooper-Hohn said the foundation not about putting a warm and fuzzy face on TCI. Ut rerum est maxime. He said he lived a very simple lifestyle, avoids meat and practices yoga. The TCI group also includes: TCI Advisory Services LLP (FRN 709485); TCI Real Estate Partners Limited (FRN630092); and Ave Capital Limited (FRN 709851) all of which are FCA regulated as Appointed Representatives of TCI Fund Management Limited, and TCI Fund Management (US) Inc. TCI Fund Services LLP, and It is a superb fund. Is TCI a good fund? Is this for a FIG-specific role? The dividend payment from TCI Fund Management is 15,000 times the average UK salary, and is about 3,500 times that collected by Sunak as PM. Join to view profile Report this profile Report Report. Chris Hohns hedge fund firm, TCI Fund Management, made more money in financial markets than any of the worlds most successful hedge fund firms in 2019, marking his ascendancy in the trading world. Company number: 08898250, TCI Real Estate Partners Limited (FRN630092); and, TCI Fund Management (Ireland) Limited (regulated by the Central Bank of Ireland, with reference number C436218). Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. AUM c.$39bn at last count. Christopher Hohn (Photo by Peter Macdiarmid/Getty. For over a decade, Gallup has recognized workplaces that challenge the status quo. Careers TCI believes in the contribution of each individual and thereby in building a team that works in cohesion. In recent years he has also taken on the cause of the climate crisis, promising to use his funds $35bn of investments to force change on companies who refuse to take their environmental emissions seriously. We realize that we could not have achieved our growth without hiring the best and most highly qualified professionals. Hedge Fund Both TCI and the foundation flourished. I recently gave them 50,000 because humanity is aggressively destroying the world with climate change and there is an urgent need for us all to wake up to this fact, Hohn said in 2019. However, in a letter dated Jan. 20, Christopher Hohn who revealed toward the end of last year that his hedge fund held a $6 billion stake in the Google parent company wrote to Pichai to urge the tech giant to take the job cuts much further. In a largely repetitive 2,100-word tome, TCI (which consists of CIFF Capital UK LP, The Children's Investment Master Fund and TCI Fund Management Limited) said it "reiterates the need for Board and CEO . ? The Content is believed to be reliable but we do not guarantee the completeness, timeliness, sequence, accuracy, or adequacy of the Content, and do not represent or warrant results to be obtained from its use or that the Content contains sufficient information by itself to be the basis for sound investment decisions. Alt Turnover is calculated by taking either the total MV of new purchases or containing a link to download the .zip file of the CSV file(s) you requested. He has pumped more than 4bn into his personal childrens charity. could be sentient says Microsofts chatbot feels like watching the Shark Tank investor Kevin OLeary says a new generation of employee has never worked in an officeand its totally I cant afford to sell because I dont want to lose that rate: 3% mortgage rates will loom large over the U.S. CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Based in London, Hohn is known for his activist investments, where he shakes up boards and management of companies in which he owns shares. Whalewisdom has at least 75 13F filings, 33 13D filings, and 30 13G filings Their last reported 13F filing for Q4 2022 included $29,929,529,746 in managed 13F securities I learned very early on you cannot take money with you. Does anyone have any experience with TCI process or work/culture? My mission is to save people from the Dark Side.". In a new year card to family, Hohn once wrote he had had an exceptionally exciting year overthrowing German CEOs. Aut accusantium vel quibusdam aut ex iste expedita. One opponent former Deutsche Brse boss Werner Seifert was so angry after losing a boardroom battle with Hohn that he wrote a book about it entitled Invasion of the Locusts, where he described Hohns style as poison. The Portal Host is responsible for the maintenance and security of the Content. As well as lowering operational costs by conducting mass layoffs, Hohn suggested that Alphabet should look to employee compensation packages as another area that could be used to trim the corporations outgoings. In the past, he has publicly called for firms that dont make climate disclosures to be punished, and TCI has threatened to dump its stakes in companies that have no emissions-reduction strategies in place. We believe everyone on our Team is important and deserves acknowledgment for their contribution to the success of our customers. This story was originally featured on Fortune.com, More from Fortune: Air India slammed for systemic failure after unruly male passenger flying business class urinated on a woman traveling from New YorkMeghan Markles real sin that the British public cant forgiveand Americans cant understandIt just doesnt work. The worlds best restaurant is shutting down as its owner calls the modern fine dining model unsustainableBob Iger just put his foot down and told Disney employees to come back into the office, Hongkongers Are Getting Loans Regardless of Credit, paid himself a dividend of almost $690 million last year, Air India slammed for systemic failure after unruly male passenger flying business class urinated on a woman traveling from New York, Meghan Markles real sin that the British public cant forgiveand Americans cant understand, It just doesnt work. The worlds best restaurant is shutting down as its owner calls the modern fine dining model unsustainable, Bob Iger just put his foot down and told Disney employees to come back into the office. Please upgrade your browser to use Internet Explorer 9 or above. TCI Fund Management is part of the Non-Profit & Charitable Organizations industry, and located in United Kingdom. According to LCH Investments annual ranking of the 20 most successful hedge funds of all time, TCI Fund Management generated $8.4 billion of net gains last year. According to Bloomberg, Hohn has a net worth of around $7.5 billion. Thats more than the after-expense trading profits of Ray Dalios Bridgewaer Associates, David Teppers Appaloosa Management, Ken Griffins Citadel, or Steve Cohens Point72 Asset Management. Last Friday, TCI addressed Google again with another letter. His charity is thought to have pledged a further 150,000. He is the biggest single donor to Extinction Rebellion on account of the urgent need for people to wake up to the climate emergency. It manages about $131.9 billion of hedge fund assets and has made $58.5 billion since inception, according to LCH. Sorry probably not super helpful but hopefully helps a tiny bit. [2]: To see the historical data of TCI Fund Management's portfolio holdings please click on the "2022 Q4" dropdown menu and select the date. Managed by Sir Christopher Hohn, TCI, or The -Children's Investment Fund, has achieved outstanding returns for investors since its inception. Hohn, who has only given a handful of tightly controlled media interviews throughout his career, pleaded with the high court judge overseeing his 2014 divorce from Jamie Cooper-Hohn to ban the media from the courtroom. Company number: 08898250. 300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses. [1]: +44 2074402330 Company TCI Fund Management Bronwyn Owen Current Workplace Bronwyn Owen has been working as a Global Managing Director, Head of Investor Relations at TCI Fund Management for 11 years. These funds focus on first mortgage and senior secured lending on high quality assets in prime locations with a concentration on major cities in North America and Europe. Executive Assistant, TCI Fund Management United Kingdom. You are limited to the prior 8 quarters of 13F filings. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). As well as making money and picking boardroom fights, Hohn, who was once chancellor Rishi Sunaks boss at TCI, is one of the nations biggest philanthropists. He said he lived a very simple lifestyle, avoids meat and practises yoga. Orpost 2yrs atIB/PE. Accounts filed at Companies House on Tuesday show. Charges for TCI FUND MANAGEMENT (UK) LIMITED (04706248) More for TCI FUND MANAGEMENT (UK) LIMITED (04706248) Registered office address 7 Clifford Street, London, W1S 2FT . TCI boss Christopher Hohn called the decision to cut 12,000 jobs a "step in the right direction," but said management still needed to "go further." . It equates to more than 1.5m a day. I considered being a doctor and working in a caring profession, Hohn, 54, told the court. Google's parent company, Alphabet, announced layoffs of 12,000 employees last week. Using a private equity approach, TCI conducts deep fundamental research, constructively engages with management and adopts a long-term investment horizon. Asset/Investment Management. The call by TCI comes as other major tech companies have been slashing their payrolls in the past week, including Meta Platforms Inc. cutting 11,000 jobs and Amazon.com Inc. cutting 10,000 . One of his major philanthropic endeavors is funding efforts to alleviate the climate crisis, which he has made a central pillar of both his charity and his hedge fund. The . Portfolio value: $29B+ Period: 2022 Q4. can u make the same amount doing anything else? Trusted by over 1,000 aspiring hedge fund professionals just like you. TCI is a value-orientated, fundamental investor that invests globally in strong businesses with sustainable competitive advantages. Hohn is also one of the UKs biggest philanthropists, and has pumped more than 4bn into his personal childrens charity. Located at 2ND FLOOR, Ireland, TCI FUND MANAGEMENT (IRELAND) LIMITED is a Private limited company (Ltd.) company. Your use of the Content is provided for your convenience, is being accessed at your own risk, and is being made available to you on an AS IS and AS AVAILABLE basis. Fund Controller jobs 4,151 open jobs Senior Finance Manager jobs 17,018 open jobs Chartered Financial Analyst jobs . Hohn and TCI are known for running aggressive campaigns for change at companies they invest in. There are like <10 analysts there. Their principal business activity is R, and they are registered under the number IE665905. Sit a illo et dolorem corrupti ut nesciunt. The Children's Investment Fund Management . LONDON, X0 We recognize and thank our Team Members for their outstanding performance. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Registered office address: 7 Clifford Street, London, United Kingdom, W1S 2FT Last year, during which the U.S. stock market returned 31.5%, he benefited from being generally long equities, but big positions in Moodys, Microsoft and Charter Communications, juiced his returns. TCI seeks to invest in high quality companies with sustainable competitive advantages. He claimed she was only entitled to 25%. Hedge fund manager Sir Chris Hohn once made a point of telling a high court judge that he was an unbelievable moneymaker. TCI Fund Management's 13F portfolio value decreased from $44.44B to $36.84B this quarter. The fund is famous for its campaign against Dutch bank ABN Amro, which led to its sale to Royal Bank of Scotland, seen as a key reason for RBSs near collapse during the financial crisis. TCI Fund Management LTD has met the qualifications for inclusion in our WhaleScore system. TCI Fund Management was established in June 2003 by Christopher Hohn. A spokesperson for Alphabet was not immediately available when contacted by Fortune. Chris is a superb presenter (saw him at Sohn). An Extinction Rebellion protest by the elderly in London 2019. The London-based hedge fund, TCI, is owned by billionaire Christopher Hohn. Alphabet, like many other big tech companies, saw its share price plummet in 2022. [But] a dream or aspiration without resources is just that. He compared his ambition to become a philanthropist to other young people who set their hearts on being able to play for Chelsea or be a top QC. This week Hohn proved his point definitively when it was revealed that he paid himself just shy of 1m-a-day last year. 2023 Fortune Media IP Limited. TCI Fund Management . Accounts filed at Companies House on Tuesday show the money was paid to another company controlled by Hohn. Christoper Hohn, founder of TCI Fund Management TCI Fund Management, founded by Hohn in 2003, used to count current U.K. Prime Minster Rishi Sunak as an employee and was named the worlds best-performing large hedge fund in 2019. The charity holds almost $6bn of assets and gave away $386m in 2019, according to the latest available accounts. Nishant Kumar. They have four children, including a set of triplets. Performance numbers calculated through 2023-02-14. Exercitationem quia sint at amet quia. Predict your next investment. Big and concentrated positions. It was at a Harvard dinner party that Hohn met Jamie Cooper, who was studying for a masters at the John F Kennedy School of government. I believe that management should aim to reduce headcount to around 150,000, which is in line with Alphabets headcount at the end of 2021. At TCI, weve created a family-like culture thats rarely found in the Financial Services Industry. TCIs real estate lending business was established in 2014. All content is communicated by TCI Fund Management Ltd. only to persons to whom it may lawfully be issued under The Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 including persons who are authorised under the Financial Services and Markets Act 2000 of the United Kingdom (the "Act"), certain persons having . Most recent portfolio value is calculated to be $ 28,576,617,000 USD. This London based hedge fund run by Chris Hohn is known for its activist investments and strong returns. It is more than 15,000 times as high as the U.K.s median salary of 33,280 ($40,585), and broke Hohns own record that was set when he paid himself $479 million last year. All Rights Reserved. The TCI Master Fund is highly concentrated to maximize alpha. The management company is authorized and regulated in the United Kingdom by the Financial Conduct Authority. Under Sir Christopher Hohn's 'radical' move for the climate, things might. 254 followers 255 connections. Activist investor TCI Fund Management said in November that Waymo is the biggest component of the Google-parent's Other Bets segment and it has not justified excessive investment, adding that losses at the unit should be stemmed. So I went through the process a while ago, or at least part of it - I don't know how far I got, but I met a senior analyst and then basically did 3 successive case studies, one of an equity they gave me and then 2 I had to come up with on my own. START YOUR FREE TRIAL. However the request was denied, giving the public a glimpse into the billionaires surprisingly modest lifestyle, his motivations for making so much money, and why he didnt view his wife of 17 years as worthy of half the family fortune. TCI currently owns more than 5% of the shares outstanding (valued at $4.3 billion) and is committed to the long-term success of CN. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices His hedge fund has now produced $22.8 billion of net gains since its 2004 inception, making Hohn the 14th greatest hedge fund manager ever, according to LCH Investments, which ranks hedge fund managers based on the absolute total dollar amounts they produce, not their annualized percentage returns. Egerton, AKO or Lansdowne)? TCI makes longterm investments in companies globally. The hedge fund manager earns Britains biggest salary. TCI is fully committed to offering the best opportunity in the industry for a career in financial services with a client first focus. TCI Business CapitalA division of Fidelity Bank, Factoring for Telecom and Wireless Contractors, Factoring for Oilfield Services Companies. It made $600 million trading financial markets in 2019, says LCH. TCI was founded on bringing honesty and integrity to the financial services industry. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Gallup recognized TCI Wealth Advisors as a 2021 Exceptional Workplace Award winner. How can it be possibly be fair that a couple who have agreed how to run their lives together for the wife to only receive a quarter of the assets?. Our Team Members work together in a casual, family-friendly workplace that focuses on personal development, team building, and training. TCI's human capital constitutes a diverse pool of knowledge - a judicious mix of youth, imagination, risk-taking ability and seasoned experience. In the letter to Alphabet Inc, TCI Fund Management also called for a reduction in compensation (salary) to employees. email address below and choose 'Submit'. This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. He took their advice, and graduated in the top 5% of his class. World's top 15 hedge fund managers made $23.2bn in total last year As well as making money and picking boardroom fights, Hohn, who was once chancellor Rishi Sunak's boss at TCI, is one of the. The Children's Investment Fund Management is also known as TCI Fund Management. On hearing the evidence, the judge noted that the couple lived a Swatch lifestyle not a jet-set lifestyle. Competition for talent in the technology industry has fallen significantly, allowing Alphabet to materially reduce compensation per employee. This will schedule a job to export all requested 13f holdings data for this filer. This is interesting as not many people talk about TCI on this forum (probably because of the US slant). This week Hohn proved his point definitively when it was revealed that he. The machine readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.