Tuesday, 30 August 2016
Last updated 17 min 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.