Billionaire Ken Griffin's Citadel Funds Deliver Double-Digit Gains In 2024

Benzinga

Billionaire investor Ken Griffin's Citadel hedge funds delivered strong double-digit returns in 2024, led by its tactical trading strategy. The flagship Wellington fund gained over 15%, with its strategies posting positive returns. Citadel’s tactical trading fund was the top performer, rising over 20%, the equity fund gained 18%, and the global fixed-income strategy increased by over 9%. Citadel manages $66 billion in assets as of December. Griffin stated there are no plans to take Citadel Securities public shortly.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Billionaire investor Ken Griffin's Citadel hedge funds delivered strong double-digit returns

00:06in 2024, led by its Tactical Trading Strategy.

00:10The flagship Wellington Fund gained over 15 percent, with its strategies posting positive

00:14returns. Citadel's Tactical Trading Fund was the top performer, rising over 20 percent,

00:19while the Equity Fund gained 18 percent, and Global Fixed Income Strategy increased by over 9

00:24percent. Citadel manages $66 billion in assets as of December.

00:29Griffin stated there are no plans to take Citadel's securities public in the near future.

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