Citadel Hedge Funds Gained Last Month as Equity Markets Slumped
- Ken Griffin’s firm had gains across all strategies in January
- Multistrat funds including Millennium, Balyasny also advanced
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Ken Griffin’s Citadel posted gains of almost 5% for both its flagship hedge fund and its fixed-income fund in January, joining other multistrategy peers that profited in a month that battered equity markets.
The Wellington multistrat fund rose 4.7% and the Global Fixed Income fund advanced 4.9%, according to a person with knowledge of the matter. Chicago-based Citadel also recorded a gain of 0.9% for its Equities fund.