50.4 F
London
November 4, 2024
PI Global Investments
Hedge Funds

Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the S&P 500


Ken Griffin, Citadel at CNBC’s Delivering Alpha, Sept. 28, 2022.

Scott Mlyn | CNBC

Billionaire investor Ken Griffin’s various hedge fund strategies all posted double-digit returns for 2023, but they failed to beat the S&P 500.

Citadel’s multistrategy Wellington fund gained 15.3% last year, according to a person familiar with the returns. The flagship fund had enjoyed a stellar 2022 with a 38% gain, marking its best year on record.



Source link

Related posts

Former Hedge Fund Trader Builds $135 Million Burrito Fortune

D.William

Hedge funds are ‘aggressively’ selling tech stocks

D.William

How Investment Banks, Hedge Funds, and Investment Firms Are Using AI

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.