Tuesday, 1 September 2015
Last updated 18 min ago
Jan 10 2012 | 12:05pm ET
Citadel Investment Group continued to bounce back from its awful 2008 last year, posting double-digit returns in all of its major hedge funds.
The Chicago-based industry giant saw its flagships soar as the average hedge fund shed about 4% in 2011. The Kensington and Wellington funds rose 20.4%, Reuters reports. And that was the bad news for the firm.
Citadel's other funds did even better: It's $2 billion global equities fund rose 21.4% on the year, while its $1.5 billion tactical fund returned an impressive 37.7%.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…