Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
Home»Finance»Ken Griffin’s flagship hedge fund at Citadel climbs 15.1% in 2024
Finance

Ken Griffin’s flagship hedge fund at Citadel climbs 15.1% in 2024

January 3, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
Share
Facebook Twitter LinkedIn Pinterest Email

Ken Griffin, founder and CEO of Citadel, speaks throughout The New York Occasions’ annual DealBook Summit in New York Metropolis, Dec. 4, 2024.

Michael M. Santiago | Getty Photographs

Billionaire investor Ken Griffin’s handful of hedge funds at Citadel all posted double-digit returns in 2024, led by its tactical buying and selling technique.

Citadel’s multistrategy Wellington fund, its largest, completed the yr up 15.1%, in response to an individual acquainted with the returns. All 5 methods used within the flagship fund — commodities, equities, fastened revenue, credit score and quantitative — have been constructive for the yr, the particular person stated.

The Miami-based agency’s tactical buying and selling fund was the standout performer, with a 22.3% return for 2024, the particular person stated. Citadel’s fairness fund returned about 18%, whereas its international fastened revenue technique gained 9.7%.

Citadel declined to remark. The hedge-fund large had $66 billion in belongings below administration as of December.

The inventory market simply closed out a banner yr with the S&P 500 surging 23.3%, constructing on a achieve of 24.2% in 2023. The 2-year achieve of 53% is the most effective because the almost 66% rally in 1997 and 1998.

Griffin not too long ago criticized the steep tariffs President-elect Donald Trump has vowed to implement, saying crony capitalism might be a consequence.

The CEO additionally stated he is not targeted on taking Citadel Securities public within the foreseeable future. The securities agency is a Miami-based market maker based by the 56-year-old Florida native in 2002.

Source link

Citadel climbs flagship fund Griffins hedge Ken
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Here’s Why Baron Small Cap Fund Exited Its Position in Ibotta (IBTA)

May 29, 2025

Travel spending from overseas tourists may fall $8.5 billion in 2025

May 28, 2025

If You Invested $1,000 in Gold 1 Year Ago, Here’s How Much You’d Have Today

May 28, 2025

Meme retailer GameStop buys first bitcoin batch, scooping up $500 million

May 28, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Here’s Why Baron Small Cap Fund Exited Its Position in Ibotta (IBTA)

May 29, 2025

Karnataka clears Rs 15,441-crore investment proposals expected to create over 5,000 jobs | Bangalore News

May 29, 2025

Congress vs Shashi Tharoor again: ‘Will prevail upon PM to name you spokesperson’ | India News

May 29, 2025

Menopause and libido: Can these three supplements help make your sex life spicy again? | Health News

May 29, 2025
Popular Post

Are you a mosquito magnet? It could be your smell

Psychedelics group wrestles with new pharma identity

Karnataka budget session begins without Leader of Opposition, Siddaramaiah takes dig at BJP

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2025 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.