KENNETH C. Griffin (R) will give a lecture on December 4, 2024 in New York City in Lincoln Center in a jazz in the New York Time Deal Book Summit 2024.
Eugene Gorogel Key | Getty Image
According to a return -to -return person, the billionaire investor Ken Griffin’s flagship hedge fund climbed in an unstable January.
CITADEL’s Multistrategy’s flagship Wellington Fund has risen 1.4 % in January after continuing to increase by 15.1 % in 2024, according to the person who talked anonymously because of the number of performances. He said that all the five strategies (products, stocks, bonds, credit, quantitative) used in the fund were all positive in the month.
The person -based company -based tactical trade fund gained 2.7 % in January, but also returned 2.7 % of the stock funds that use long/short strategies. Meanwhile, CITADEL’s global bond fund returned 1.9 %.
After the year began, Citadel, who had $ 65 billion assets under control, rejected comments.
The market experienced violent price fluctuations last month because investors were wary of President Donald Trump’s protection policy. At the end of the month, a competitive partner of artificial intelligence called DeepSeek caused a large -scale sale in NVIDIA and overturned other Megacap Tech shares.
S & P 500 rose 2.7 % in January, increasing 1.9 % in 2025, following an excellent two -year execution in 2023 and 2024. % Has been the best since 1997 and 1998 jumped to nearly 66 %.
Before the new administration took office on January 20, Griffin criticized the sudden tariffs that Trump has sweared, and that they could lead to Clonie capitalism.
CITADEL founder has stated that domestic companies can enjoy short -term profits by weakening their competitors. However, in the long term, as companies lose their competitiveness and productivity, tariffs can do more harm to companies and the economy.
