Ken Griffin's Citadel extends winning streak in 2023 after last year's record gains, matching the broader rally in stocks
The powerhouse's multi-strategy flagship fund Wellington gained 0.7% last month, bringing its year-to-date performance through February to 2.8%. The strong numbers mirror the rally in stocks this year, with the S&P 500 rising more than 3% in the same period.
Meanwhile, Citadel's equities fund advanced 2.4%, while its global fixed income fund is 1.6% higher so far in 2023. record $16 billion in profitsCitadel's record-breaking gains topped the seven-year winner Ray Dalio's Bridgewater on LCH's top hedge fund manager list for 2022. It also outpaced the roughly $15.
This year however, US stocks have staged a comeback as investors anticipate the Fed will ease up on the pace of its interest-rate hikes as inflation cools. The Nasdaq is up about 12% so far this year, while the Dow Jones has risen about 0.76%.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
2023 Iditarod Trail Sled Dog Race Live BlogMushers and their teams are waking up and getting ready for the Ceremonial Start of the 2023 Iditarod Trail Sled Dog Race. Follow the Alaska's News Source Iditarod Live Blog during the entire race to get up-to-the-minute updates.
Weiterlesen »
Colorado state basketball tournaments 2023 Class 6A Great 8 results and coverageThe quarterfinals of the Colorado high school basketball state tournaments for Classes 4A-6A take place Thursday through Saturday at Denver Coliseum.
Weiterlesen »
The Best EVs of 2023 and 2024We’ve selected the best electric cars you can buy today that include a wide range of SUVs, hatchbacks, sedans, and even pickup trucks.
Weiterlesen »
David Einhorn's hedge fund picks 3 stocks he is bullish on for 2023David Einhorn's hedge fund crushed the S&P 500 last year. These are the 3 stocks he's counting on for continued outperformance.
Weiterlesen »
Coperni RTW Fall 2023Sébastien Meyer and Arnaud Vaillant engineered another viral moment with Rianne Van Rompaey and a pack of robot dogs.
Weiterlesen »