Tag

Kengriffin

All articles tagged with #kengriffin

finance-and-business2 years ago•1 min saved

"Citadel Achieves Double-Digit 2023 Gains Yet Trails Behind S&P 500"

Ken Griffin's hedge fund Citadel reported double-digit returns across its various strategies in 2023, with the Wellington fund gaining 15.3%. Despite these gains, Citadel's performance lagged behind the S&P 500, which climbed 24%. The firm's tactical trading and equities funds also saw significant returns, but the overall challenging market conditions made it difficult for many hedge funds to outperform the market. Citadel is set to return all $7 billion in profits from 2023 to its investors, maintaining its trend of giving back profits, with about $25 billion returned since 2018.

via CNBC|

##citadel #finance-and-business

finance2 years ago•2 min saved

"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.

via Business Insider|

##annualreturns #citadel