Saturday, 23 August 2014
Last updated 17 hours ago
Jan 4 2013 | 1:23pm ET
For the second-straight year, Citadel Investment Group's flagship hedge funds have returned in excess of 20%.
The Kensington and Wellington funds, which managed a collective $7 billion, rose about 26% last year, Crain's Chicago Business reports. The funds returned 20.4% in 2011, allowing them to breach their high-water marks for the first time since they lost more than half their value in 2008.
The average hedge fund returned in the mid-single-digits last year.
Citadel's assets under management are up to $14 billion, from $11 billion at the beginning of the year.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note