Citadel Flagship Up 3.7% In Jan.

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.

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Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…