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.


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...