Wednesday, 17 September 2014
Last updated 1 hour ago
Feb 8 2011 | 12:16pm ET
Citadel Investment Group has started its 21st year in the same way it has spent most of the last two decades: up.
The Chicago hedge fund giant's flagship Wellington fund returned 3.7% last month, Reuters reports. That is well ahead of the average hedge fund, which rose less than 1% in the first month of the year, according to industry indices.
Wellington returned 11.11% last year, in line with industry averages.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The London Whale saga is a twist on the typical rogue trader story as the rogue trader recognized the error of his ways and was prepared to take his medicine but was instructed by superiors to “defe...