Ken Griffin’s Citadel Beats Multistrategy Rivals Gaining 26% in 2021
- ExodusPoint, Sculptor came in at the bottom of the group
- The strategy attracted $28 billion last year through November
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Ken Griffin’s Citadel bested its mega-multistrategy peers, posting a 26% return for 2021.
The $43.1 billion firm’s Wellington fund, which runs a market neutral strategy, beat D.E. Shaw & Co. and Millennium Management even as their hedge funds had double-digit gains. Multimanager, multistrategy firms use separate pods of traders to invest across assets and geographies.