Citadel’s flagship hedge fund and its fixed-income fund both posted gains almost 5 per cent in January, despite a slump in equity markets, according to a report by Bloomberg.
Citadel’s flagship hedge fund and its fixed-income fund both posted gains almost 5 per cent in January, despite a slump in equity markets, according to a report by Bloomberg.
The Wellington multistrat fund gained 4.7 per cent and the Global Fixed Income fund advanced 4.9 per cent, while Citadel’s Equities fund also saw a gain of 0.9 per cent.
Other multistrat firms including Millennium Management, Balyasny Asset Management and Verition Fund Management all saw gains last month, while the S&P 500 lost 5.3 per cent and the Nasdaq Composite Index fell 9 per cent.
