All articles tagged with #ken griffin
Hedge fund CEO Ken Griffin accused the Trump administration of enriching the president’s families and meddling in corporate America, criticizing favoritism even as he noted some policies he supports; the White House countered it acts in Americans’ best interests, and Griffin suggested he might pursue public service in the future.
Billionaires Stephen Ross and Ken Griffin, who relocated from New York and Chicago to South Florida, are launching a $10 million campaign called Ambition Accelerated with the Florida Council of 100 to attract more businesses to the Gold Coast (Miami, Fort Lauderdale, West Palm Beach). They argue Florida offers superior business conditions—talent, regulatory predictability, cost structure, and quality of life—and are aiming to lure tech and finance firms while continuing investments in local projects such as Vanderbilt University’s campus, a private school, and a Cleveland Clinic hospital.
Ken Griffin's Citadel hedge fund achieved a 10.2% gain in 2025, navigating a volatile market with sharp swings and a late-year rebound, while planning to return $5 billion to clients to limit asset growth, maintaining a strong long-term track record.
Citadel CEO Ken Griffin urges the White House to distance itself from the Federal Reserve amid concerns over monetary policy and its impact on markets.
Ken Griffin, founder of Citadel, states that generative AI has not yet helped hedge funds produce alpha or significantly impact the industry, emphasizing that it enhances productivity but falls short in uncovering market-beating returns.
Ken Griffin warns that the U.S. market rally is artificially sustained by policies suited for a recession, with rising gold prices signaling investor hedging against economic risks and potential de-dollarization.
Citadel CEO Ken Griffin warns that a 3% inflation rate could be highly frustrating for Americans, emphasizing the ongoing political and economic challenges related to inflation, Fed independence, and Trump's influence on monetary policy, which could impact upcoming elections.
Ken Griffin criticizes the White House's favoritism towards large corporations like Apple and Nvidia in tariff exemptions, warning that such crony capitalism undermines the American story and could lead to unfair treatment of businesses across different administrations. He emphasizes the importance of fairness and warns against state involvement in picking winners and losers, while acknowledging the economic benefits of some policies.
Citadel CEO Ken Griffin predicts the Federal Reserve will cut interest rates once more this year, citing concerns about the labor market and inflation, with an expectation of inflation remaining above the long-term target next year.
Ken Griffin warns that the impact of tariffs on inflation is still to come and emphasizes that the Federal Reserve should remain independent in its decision-making.
A notable revolt against President Trump is emerging on Wall Street, highlighted by Ken Griffin of Citadel criticizing Trump's attacks on the Federal Reserve, warning of potential economic harm. While some business leaders privately share concerns, most are cautious about publicly opposing Trump due to fear of retaliation, contrasting with tech CEOs who continue to support him. Griffin's outspoken stance may inspire others but is unlikely to trigger a widespread public confrontation.
Billionaire hedge fund CEO Ken Griffin warns that President Trump's public attacks on the Federal Reserve could undermine its independence, risking higher inflation and interest rates, which could harm retirees and the economy, echoing historical mistakes and emphasizing the importance of maintaining the Fed's credibility.
Ken Griffin, founder of Citadel, is leveraging his wealth and influence to shape American society through philanthropy and public engagement, emphasizing values like innovation and meritocracy, while maintaining a nonpartisan stance despite significant political donations. His initiatives aim to bolster national pride, education, and community development, potentially positioning him for future political roles.
Florida has enacted a law allowing non-compete agreements of up to four years for high-earning employees with access to confidential information, benefiting companies like Citadel and attracting finance firms to the state, despite criticism from some think tanks.
Billionaire investor Ken Griffin, head of Citadel Advisors, has sold 91% of his stake in AI company Palantir Technologies, despite its recent stock surge, due to its high valuation. Instead, Griffin has significantly increased his investment in Chipotle Mexican Grill, taking advantage of a dip in its stock price following executive departures. Chipotle's strong financial performance and a recent stock split have made it an attractive investment, despite its premium valuation compared to the broader market.