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Citadel’s flagship hedge fund up in April despite market falls

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Billionaire hedge fund boss Ken Griffin’s flagship hedge fund posted a 7.45% gain in April bringing returns so far in 2022 to almost 13%, according to a report by Reuters.

Billionaire hedge fund boss Ken Griffin’s flagship hedge fund posted a 7.45% gain in April bringing returns so far in 2022 to almost 13%, according to a report by Reuters.

The firm’s Wellington multi-strategy fund easily beat average hedge fund returns, which were negative for ten month while the S&P 500 index was down almost 9%.

Other Citadel funds also performed well with Citadel Equities posting a gains of 4.25%, the firm’s Global Field Income fund up 3.05% and its tactical Trading portfolio putting on 3.30% during the month.

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