Citadel Funds Up Double-Digits

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%.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of