"Citadel Leads Hedge Funds with Strong 2023 Gains, Despite S&P 500 Outperformance"
Ken Griffin's Citadel hedge fund outperformed its multi-strategy peers in 2023 with a 15.3% return in its flagship fund, despite not surpassing the S&P 500's 24% gain. Other notable funds like Millennium, Point72, and D.E. Shaw posted around 10% returns, while smaller funds like Balyasny, Schonfeld, and Walleye lagged behind. Citadel's consistent performance, with strong returns in previous years as well, highlights its leading position in the competitive hedge fund industry.